National Society of Black Physicists

Analysis

National Society of Black Physicists is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in August 1994, 32 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 June 2022, National Society of Black Physicists reported income of $540k and spending of $310k, leaving 43% of income unspent that year. Across the 4 years on record, from June 2019 to June 2022, income grew from $340k to $540k (+59%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 51%. Over the whole period it spent 45% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Society of Black Physicists sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within VA. Charities of a similar size with the same main cause include Artist Outreach Inc ($540k), Downtown Aurora Visual Arts ($540k) and Irving Symphony Association ($540k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 26% and program service revenue 73% of the total. At year end it held assets of $819k against liabilities of $2,000, net assets of $817k.