National Association of Black Compliance and Risk Management Pro

Analysis

National Association of Black Compliance and Risk Management Pro is a registered charity in United States, based in Pompano Beach, FL. It received its IRS tax-exemption ruling in July 2020, 6 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, National Association of Black Compliance and Risk Management Pro reported income of $145k and spending of $97k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $139k to $145k (+4.3%), an average of +4.3% a year. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, National Association of Black Compliance and Risk Management Pro sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within FL. Charities of a similar size with the same main cause include Foundation for Engineering Education Inc ($145k), Osceola Main Street Inc ($145k) and Friends of Four Star Inc ($145k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.4% and program service revenue 3.0% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.