Natl Orgn for the Prof Adv of Black Chemists & Chemical Engineers

Analysis

Natl Orgn for the Prof Adv of Black Chemists & Chemical Engineers is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in April 1978, 48 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 September 2023, Natl Orgn for the Prof Adv of Black Chemists & Chemical Engineers reported income of $1.2m and spending of $1.6m, spending 135% of what it took in. Across the 6 years on record, from June 2019 to September 2023, income grew from $496k to $1.2m (+135%), an average of +19% a year. The sharpest change came in the year to June 2020, when income rose by 53%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Natl Orgn for the Prof Adv of Black Chemists & Chemical Engineers sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MD. Charities of a similar size with the same main cause include Westside Energy Services Training & Education Center ($1.2m), Himalayan Academy ($1.2m) and Council of Literary Magazines and Presses ($1.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 9.3% and program service revenue 91% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.