Nilrc

Analysis

Nilrc is a registered charity in United States, based in Malta, IL. It received its IRS tax-exemption ruling in November 1976, 50 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 June 2024, Nilrc reported income of $1.0m and spending of $1.0m, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $853k to $1.0m (+22%), an average of +5.1% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nilrc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include Wisconsin Foundaton for Educational Administration Inc ($1.0m), Society of Naval Architects and Marine Engineers ($1.0m) and Delaware Humanities Council ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.6% and program service revenue 95% of the total. Other salaries and wages came to $48k. At year end it held assets of $555k against liabilities of $189k, net assets of $365k. It reported 1 employees.