The Navigation Center

Analysis

The Navigation Center is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, The Navigation Center reported income of $325k and spending of $312k, spending 96% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $206k to $325k (+57%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Navigation Center sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 68th percentile within SC. Charities of a similar size with the same main cause include Meriama Fund ($325k), San Ramon Valley Education Foundation ($325k) and Caldwell-West Essex Kiwanis Foundation Inc ($325k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $52k (17% of expenses). Other salaries and wages came to $61k. At year end it held assets of $49k against liabilities of $80k, net assets of -$31k. It reported 2 employees.