Ninety-Nines Inc

Analysis

Ninety-Nines Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in July 1952, 74 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 May 2024, Ninety-Nines Inc reported income of $3.7m and spending of $1.4m, leaving 63% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $1.1m to $3.7m (+225%), an average of +34% a year. The sharpest change came in the year to May 2024, when income rose by 159%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ninety-Nines Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within OK. Charities of a similar size with the same main cause include Niagara Tobacco Asset Securitization Corp ($3.7m), Urban Libraries Council ($3.7m) and Muskogee Organization Narcotic & Alcohol Referral Counseling Help ($3.7m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 82% and program service revenue 4.3% of the total. Other salaries and wages came to $380k. At year end it held assets of $15.0m against liabilities of $544k, net assets of $14.5m. It reported 14 employees.