National Institute of Governmental Purchasing Inc

Analysis

National Institute of Governmental Purchasing Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in October 1945, 81 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, National Institute of Governmental Purchasing Inc reported income of $179k and spending of $109k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $179k (+199%), an average of +199% a year. The sharpest change came in the year to December 2023, when income rose by 199%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Institute of Governmental Purchasing Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within CO. Charities of a similar size with the same main cause include Hermosa Beach Historical Society ($179k), Mendota Museum & Historical Society ($179k) and Castle Crusaders ($179k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $88k against liabilities of $5,390, net assets of $83k.