NBC Inc

Analysis

NBC Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, NBC Inc reported income of $101k and spending of $66k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $122k to $101k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, NBC Inc sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 45th percentile within NJ. Charities of a similar size with the same main cause include Alabama Lions Sight Conservation Association Endowment Fund ($101k), Charles Wellington Taber Fund ($101k) and Princeton Charter Foundation Inc ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.