N Street Village Inc

Analysis

N Street Village Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 1975, 51 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 2023, N Street Village Inc reported income of $11.1m and spending of $10.9m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.9m to $11.1m (+26%), an average of +5.9% a year. The sharpest change came in the year to June 2020, when income rose by 22%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, N Street Village Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 88th percentile within DC. Charities of a similar size with the same main cause include Munson Healthcare Foundations ($11.1m), People First Industries of Bryan County Inc ($11.1m) and Solomon Schechter Day School of Nassau County ($11.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 6.6% of the total. Compensation of current officers, directors and key employees was $506k (4.7% of expenses). Other salaries and wages came to $5.8m. It paid $149k in professional fundraising fees. At year end it held assets of $31.9m against liabilities of $3.7m, net assets of $28.2m. It reported 157 employees.