Navy Football Brotherhood Inc

Analysis

Navy Football Brotherhood Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Navy Football Brotherhood Inc reported income of $192k and spending of $792k, spending 414% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $711k to $192k (-73%), an average of -48% a year. The sharpest change came in the year to December 2022, when income dropped by 49%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Navy Football Brotherhood Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within MD. Charities of a similar size with the same main cause include Learning in Retirement Inc ($192k), Legacy Homeschool Center ($192k) and Deland Band Parents Association Incorporated ($192k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 6.2% of the total. At year end it held assets of $329k against liabilities of $0, net assets of $329k.