National Council of Negro Women Inc

Analysis

National Council of Negro Women Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1966, 60 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 September 2021, National Council of Negro Women Inc reported income of $4.9m and spending of $4.2m, spending 85% of its income. Across the 2 years on record, from September 2020 to September 2021, income grew from $3.4m to $4.9m (+44%), an average of +44% a year. The sharpest change came in the year to September 2021, when income rose by 44%. Over the whole period it spent 87% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, National Council of Negro Women Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 79th percentile within DC. Charities of a similar size with the same main cause include Students International ($4.8m), Instiglio ($4.9m) and Onesky ($4.8m).

On its Form 990 for the period ending September 2021, revenue came from contributions and grants 88% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $1.1m (27% of expenses). At year end it held assets of $11.5m against liabilities of $298k, net assets of $11.2m. It reported 5 employees.