Nacdc Financial Services Inc

Analysis

Nacdc Financial Services Inc is a registered charity in United States, based in Browning, MT. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nacdc Financial Services Inc reported income of $3.9m and spending of $2.5m, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $3.9m (+176%), an average of +29% a year. The sharpest change came in the year to December 2021, when income rose by 86%. Over the whole period it spent 50% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Nacdc Financial Services Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within MT. Charities of a similar size with the same main cause include Women Employed ($3.9m), Tzicatl Community Development Corporation ($4.0m) and Bac Funding Corporation ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $178k (7.1% of expenses). Other salaries and wages came to $516k. At year end it held assets of $14.4m against liabilities of $7.3m, net assets of $7.1m. It reported 15 employees.