National League of Cities Institute Inc

Analysis

National League of Cities Institute Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1964, 62 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, National League of Cities Institute Inc reported income of $27.2m and spending of $28.0m, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $10.8m to $27.2m (+151%), an average of +26% a year. The sharpest change came in the year to September 2022, when income rose by 74%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National League of Cities Institute Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 95th percentile within DC. Charities of a similar size with the same main cause include San Diego Jewish Academy ($27.1m), Amber Charter School ($27.2m) and American Jewish University ($27.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $478k (1.7% of expenses). Other salaries and wages came to $5.3m. At year end it held assets of $23.8m against liabilities of $6.5m, net assets of $17.3m. It reported 69 employees.