National Black Mba Association Indianapolis Chapter

Analysis

National Black Mba Association Indianapolis Chapter is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, National Black Mba Association Indianapolis Chapter reported income of $56k and spending of $58k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $20k to $56k (+178%), an average of +178% a year. The sharpest change came in the year to December 2023, when income rose by 178%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National Black Mba Association Indianapolis Chapter sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within IN. Charities of a similar size with the same main cause include Meadowbrook School Parent-Teacher Organization ($56k), Civic Hospital Residents Alumni Association ($56k) and Port Neches Groves Band Action Committee ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.