Nile Sisters Development Initiative

Analysis

Nile Sisters Development Initiative is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Nile Sisters Development Initiative reported income of $957k and spending of $1.0m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $774k to $957k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2020, when income rose by 44%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nile Sisters Development Initiative sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Youth Transporation Organization ($957k), Thea Bowman Center ($957k) and Black Mothers Breastfeeding Association ($957k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $110k (11% of expenses). Other salaries and wages came to $321k. At year end it held assets of $2.3m against liabilities of $2.0m, net assets of $280k. It reported 10 employees.