National Association of Black Suppliers Scholarship Fund Inc

Analysis

National Association of Black Suppliers Scholarship Fund Inc is a registered charity in United States, based in Livonia, MI. It received its IRS tax-exemption ruling in November 1998, 28 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 June 2023, National Association of Black Suppliers Scholarship Fund Inc reported income of $115k and spending of $125k, spending 108% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $90k to $115k (+28%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 115% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National Association of Black Suppliers Scholarship Fund Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within MI. Charities of a similar size with the same main cause include Consortium for North American Higher Education Collaboration Con ($115k), Standing Up to Pots Inc ($115k) and Summer Work Experience in Law Inc ($115k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $114k against liabilities of $76k, net assets of $38k.