The National Capital Council Navy League

Analysis

The National Capital Council Navy League is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in November 2023, 3 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, The National Capital Council Navy League reported income of $105k and spending of $147k, spending 140% of what it took in. Across the 4 years on record, from December 2018 to December 2023, income fell from $192k to $105k (-45%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 28%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The National Capital Council Navy League sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within MD. Charities of a similar size with the same main cause include Ogden Avenue School Parent Teacher Council ($105k), Minnesota Congress of Parents and Teachers ($105k) and PTA Hawaii Congress ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% of the total. Compensation of current officers, directors and key employees was $40k (27% of expenses). At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.