National Charitable Endowment Inc

Analysis

National Charitable Endowment Inc is a registered charity in United States, based in Darien, CT. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, National Charitable Endowment Inc reported income of $7.7m and spending of $12.1m, spending 158% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $14.5m to $7.7m (-47%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 299%. Over the whole period it spent 24% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, National Charitable Endowment Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within CT. Charities of a similar size with the same main cause include Jewish Federation of Greater Indianapolis Inc ($7.6m), Boys & Girls Clubs of the Midlands ($7.7m) and World Poultry Foundation Inc ($7.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% of the total. Other salaries and wages came to $48k. At year end it held assets of $121.7m against liabilities of $121k, net assets of $121.6m. It reported 1 employees.