National Underground Railroad Freedom Center Inc

Analysis

National Underground Railroad Freedom Center Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, National Underground Railroad Freedom Center Inc reported income of $8.0m and spending of $7.0m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.6m to $8.0m (+119%), an average of +22% a year. The sharpest change came in the year to June 2022, when income rose by 113%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Underground Railroad Freedom Center Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within OH. Charities of a similar size with the same main cause include National Council for State Authorization Reciprocity Agreemen ($8.0m), Unmc Science Research Fund ($8.0m) and Acoustical Society of America ($8.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $249k (3.6% of expenses). Other salaries and wages came to $1.3m. It paid $390k in professional fundraising fees. At year end it held assets of $31.8m against liabilities of $1.4m, net assets of $30.4m. It reported 40 employees.