National College of Midwifery Inc

Analysis

National College of Midwifery Inc is a registered charity in United States, based in Taos, NM. It received its IRS tax-exemption ruling in April 1991, 35 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2022, National College of Midwifery Inc reported income of $618k and spending of $638k, spending 103% of its income. Across the 4 years on record, from September 2019 to September 2022, income grew from $267k to $618k (+132%), an average of +32% a year. The sharpest change came in the year to September 2021, when income rose by 46%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National College of Midwifery Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within NM. Charities of a similar size with the same main cause include Tri-Star Gymnastics Inc ($618k), Community Friends Educational Corp ($618k) and Center for Tax and Budget Accountability N F P ($618k).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 1.2% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $52k (8.1% of expenses). Other salaries and wages came to $274k. At year end it held assets of $848k against liabilities of $193k, net assets of $655k. It reported 9 employees.