N C a Philip Randolph Institute Inc

Analysis

N C a Philip Randolph Institute Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, N C a Philip Randolph Institute Inc reported income of $2.1m and spending of $2.3m, spending 110% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.1m (+17%), an average of +5.4% a year. The sharpest change came in the year to December 2022, when income rose by 206%. Over the whole period it spent 82% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, N C a Philip Randolph Institute Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NC. Charities of a similar size with the same main cause include Legal Hand Inc ($2.1m), Houston Bar Foundation ($2.1m) and Southern Arizona Childrens Advocacy Center Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $174k (7.5% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $1.5m against liabilities of $314k, net assets of $1.2m. It reported 70 employees.