NDC Entrepreneur Training Center

Analysis

NDC Entrepreneur Training Center is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, NDC Entrepreneur Training Center reported income of $1.1m and spending of $1.1m, spending 95% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.1m to $1.1m (+4.6%), an average of +1.5% a year. The sharpest change came in the year to December 2022, when income rose by 133%. Over the whole period it spent 36% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, NDC Entrepreneur Training Center sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MN. Charities of a similar size with the same main cause include Coventry Reserve ($1.1m), Vocational Opportunities of Cherokee Inc ($1.1m) and Ceiba Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $10.6m against liabilities of $8.7m, net assets of $1.9m.