National Indian Council on Aging Inc

Analysis

National Indian Council on Aging Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in September 1979, 47 years ago. 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 June 2024, National Indian Council on Aging Inc reported income of $7.6m and spending of $7.6m, spending 100% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $4.5m to $7.6m (+70%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 81%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Indian Council on Aging Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NM. Charities of a similar size with the same main cause include American Medical Informatics Association Inc ($7.6m), Calvin Christian School of Escondido Inc ($7.6m) and Highlands Day School Foundation ($7.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $241k (3.2% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $3.8m against liabilities of $147k, net assets of $3.7m. It reported 632 employees.