Center for Nonprofit Advancement

Analysis

Center for Nonprofit Advancement is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1979, 47 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 December 2023, Center for Nonprofit Advancement reported income of $3.9m and spending of $4.0m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $3.9m (+126%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Center for Nonprofit Advancement sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 77th percentile within DC. Charities of a similar size with the same main cause include Guardian Angels Medical Service Dogs Inc ($3.9m), Focus Points Family Resource Center ($3.9m) and Childrens Hope Residential Services Inc ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $397k (9.9% of expenses). Other salaries and wages came to $766k. At year end it held assets of $451k against liabilities of $320k, net assets of $131k. It reported 12 employees.