Nautical Research Guild Inc

Analysis

Nautical Research Guild Inc is a registered charity in United States, based in Westmont, IL. It received its IRS tax-exemption ruling in September 1967, 59 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Nautical Research Guild Inc reported income of $159k and spending of $148k, spending 93% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $160k to $159k (-0.5%), an average of -0.5% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nautical Research Guild Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within IL. Charities of a similar size with the same main cause include Myrtle House Ministries ($159k), Interscholastic Yacht Racing Associ Ation Inc ($159k) and Prince Georges Philharmonic ($159k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 23% of the total. At year end it held assets of $228k against liabilities of $1,149, net assets of $227k.