National Institute of Governmental Purchasing Inc

Analysis

National Institute of Governmental Purchasing Inc is a registered charity in United States, based in Frankfort, KY. It received its IRS tax-exemption ruling in October 1945, 81 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, National Institute of Governmental Purchasing Inc reported income of $306k and spending of $208k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $276k to $306k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2021, when income rose by 139%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National Institute of Governmental Purchasing Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within KY. Charities of a similar size with the same main cause include Professor Paul J Hartman Memorial State and Local Tax Forum ($306k), Vista Murrieta High School Band Boosters ($306k) and Roaring Fork Valley Early Learning Fund ($306k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $378k against liabilities of $0, net assets of $378k.