National Association of Negro Busin Ess and Professional Womens C

Analysis

National Association of Negro Busin Ess and Professional Womens C is a registered charity in United States, based in Asbury Park, NJ. It received its IRS tax-exemption ruling in September 1998, 28 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, National Association of Negro Busin Ess and Professional Womens C reported income of $85k and spending of $63k, leaving 26% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $44k to $85k (+96%), an average of +96% a year. The sharpest change came in the year to June 2023, when income rose by 96%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Association of Negro Busin Ess and Professional Womens C sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 40th percentile within NJ. Charities of a similar size with the same main cause include Harborview House Inc ($85k), North Carolina Association of Rehabilitation Facilities Inc ($85k) and Ateitis Foundation ($85k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.