National Bar Institute Inc

Analysis

National Bar Institute Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1983, 43 years ago. 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 Bar Institute Inc reported income of $1.7m and spending of $1.7m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.7m (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2022, when income rose by 72%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Bar Institute Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 63rd percentile within DC. Charities of a similar size with the same main cause include Young Mens Christian Assn ($1.7m), Montessori Childrens Center Inc ($1.7m) and Northeast Alabama Mr DD Authority ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m.