National Center for Family Philanthropy Inc

Analysis

National Center for Family Philanthropy Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 December 2023, National Center for Family Philanthropy Inc reported income of $9.9m and spending of $10.8m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.0m to $9.9m (+148%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 159%. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, National Center for Family Philanthropy 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 95th percentile, and in the 87th percentile within DC. Charities of a similar size with the same main cause include University of Southern Maine Foundation ($9.9m), United Way of Anchorage ($9.9m) and United Jewish Charities of Greater Charlotte Inc ($9.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 5.7% of the total. Compensation of current officers, directors and key employees was $1.1m (10% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $8.7m against liabilities of $2.1m, net assets of $6.5m. It reported 23 employees.