NDN Collective Inc

Analysis

NDN Collective Inc is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, NDN Collective Inc reported income of $21.6m and spending of $51.1m, spending 236% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.4m to $21.6m (+90%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 324%. Over the whole period it spent 69% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, NDN Collective Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within SD. Charities of a similar size with the same main cause include Project Hood Communities ($21.6m), Georgia Micro Enterprise Network Inc ($21.7m) and Arizona Training & Evaluation Center Inc ($21.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $1.0m (2.0% of expenses). Other salaries and wages came to $5.7m. It paid $176k in professional fundraising fees. At year end it held assets of $90.8m against liabilities of $19.6m, net assets of $71.3m. It reported 101 employees.