Nbaa Charities

Analysis

Nbaa Charities is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2023, Nbaa Charities reported income of $112k and spending of $118k, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $129k to $112k (-13%), an average of -3.5% a year. The sharpest change came in the year to June 2022, when income rose by 74%. Over the whole period it spent 118% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nbaa Charities sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 21st percentile within DC. Charities of a similar size with the same main cause include Milton Matthews Foundation Inc ($112k), Highland Youth Sports Advisory Commission ($112k) and Jennings County Coordinating Council Inc ($112k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 119% of the total. At year end it held assets of $540k against liabilities of $524k, net assets of $16k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.