National Captioning Institute Inc

Analysis

National Captioning Institute Inc is a registered charity in United States, based in Chantilly, VA. It received its IRS tax-exemption ruling in September 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, National Captioning Institute Inc reported income of $14.8m and spending of $15.3m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $16.6m to $14.8m (-11%), an average of -2.8% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, National Captioning Institute 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 96th percentile, and in the 97th percentile within VA. Charities of a similar size with the same main cause include Chinese Mutual Aid Association Inc ($14.8m), Old Colony Hospice Inc ($14.8m) and Kingsbridge Heights Community Center Inc ($14.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $699k (4.6% of expenses). Other salaries and wages came to $8.2m. At year end it held assets of $8.5m against liabilities of $1.7m, net assets of $6.8m. It reported 195 employees.