National Black Law Students Association Inc

Analysis

National Black Law Students Association Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 1973, 53 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 March 2024, National Black Law Students Association Inc reported income of $1.3m and spending of $897k, leaving 30% of income unspent that year. Across the 6 years on record, from March 2019 to March 2024, income grew from $647k to $1.3m (+99%), an average of +15% a year. The sharpest change came in the year to March 2022, when income rose by 73%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Black Law Students Association Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 59th percentile within DC. Charities of a similar size with the same main cause include Stillwater Area Hockey Association ($1.3m), Hips Road Inc ($1.3m) and Center for Accessible Technology ($1.3m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $856k against liabilities of $1,838, net assets of $854k.