National Center on Institutions and Alternatives Inc

Analysis

National Center on Institutions and Alternatives Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in August 1977, 49 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, National Center on Institutions and Alternatives Inc reported income of $35.6m and spending of $34.8m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $32.1m to $35.6m (+11%), an average of +2.6% a year. 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, National Center on Institutions and Alternatives Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MD. Charities of a similar size with the same main cause include St Camillus Residential Health Care Facility ($35.6m), Keswick Multi Care Center Inc ($35.7m) and Kansas City Care Clinic ($35.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.4% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $1.6m (4.5% of expenses). Other salaries and wages came to $17.2m. At year end it held assets of $34.7m against liabilities of $24.0m, net assets of $10.7m. It reported 585 employees.