National Council of Negro Women Inc

Analysis

National Council of Negro Women Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in May 1966, 60 years ago. 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 2023, National Council of Negro Women Inc reported income of $155k and spending of $233k, spending 151% of what it took in. Across the 3 years on record, from September 2020 to September 2023, income fell from $163k to $155k (-5.0%), an average of -2.5% a year. The sharpest change came in the year to September 2022, when income rose by 58%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Council of Negro Women Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include Colorado Adult Soccer Association Inc ($154k), Garfield Park Neighborhoods Association ($155k) and Iglesia de Dios Pentecostal Fuente de Agua Viva Inc ($154k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 72% and program service revenue 6.5% of the total. At year end it held assets of $241k against liabilities of $0, net assets of $241k.