Headquarters of National Sales Network of African American Sales

Analysis

Headquarters of National Sales Network of African American Sales is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Headquarters of National Sales Network of African American Sales reported income of $5.3m and spending of $3.4m, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $5.3m (+139%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 104%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Headquarters of National Sales Network of African American Sales sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within GA. Charities of a similar size with the same main cause include Generations College Inc ($5.3m), Texas Association for the Education of Young Children ($5.3m) and The Co-Op School ($5.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.3% and program service revenue 97% of the total. Other salaries and wages came to $823k. At year end it held assets of $9.0m against liabilities of $74k, net assets of $8.9m. It reported 5 employees.