Institute for Nonprofit Practice Inc

Analysis

Institute for Nonprofit Practice Inc is a registered charity in United States, based in Dedham, MA. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Institute for Nonprofit Practice Inc reported income of $6.7m and spending of $7.5m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.6m to $6.7m (+157%), an average of +27% a year. The sharpest change came in the year to June 2022, when income rose by 132%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Institute for Nonprofit Practice Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MA. Charities of a similar size with the same main cause include Community Link Mission Inc ($6.7m), African Community Education Program ($6.7m) and Foodbank of North Central Arkansas Norfork Community Care Program Inc ($6.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $1.5m (20% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $5.5m against liabilities of $692k, net assets of $4.8m. It reported 88 employees.