National Economic and Social Rights Initiative

Analysis

National Economic and Social Rights Initiative is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Economic and Social Rights Initiative reported income of $3.4m and spending of $3.8m, spending 114% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.7m to $3.4m (+98%), an average of +19% a year. The sharpest change came in the year to September 2022, when income rose by 143%. Over the whole period it spent 83% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, National Economic and Social Rights Initiative sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include American Friends of Latet Humanitarian Aid Inc ($3.4m), World Conference of Religions for Peace Inc ($3.4m) and Fuente Latina Inc ($3.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $340k (8.8% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $5.7m against liabilities of $136k, net assets of $5.5m. It reported 21 employees.