National Council of Nigerian Muslims in the USA

Analysis

National Council of Nigerian Muslims in the USA is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Council of Nigerian Muslims in the USA reported income of $1.1m and spending of $957k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $464k to $1.1m (+129%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 177%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Council of Nigerian Muslims in the USA sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 56th percentile within DC. Charities of a similar size with the same main cause include Downtown Greensboro Foundation ($1.1m), Music City Youth in the Arts Inc ($1.1m) and Opera Idaho Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 63% of the total. At year end it held assets of $834k against liabilities of $358k, net assets of $475k.