National Organization of Black Elected Legislative Women Inc

Analysis

National Organization of Black Elected Legislative Women Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1996, 30 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 Organization of Black Elected Legislative Women Inc reported income of $661k and spending of $1.1m, spending 159% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $757k to $661k (-13%), an average of -3.3% a year. The sharpest change came in the year to December 2021, when income rose by 134%. Over the whole period it spent 108% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, National Organization of Black Elected Legislative Women 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 74th percentile, and in the 48th percentile within DC. Charities of a similar size with the same main cause include Moundsville Economic Development Council Inc ($661k), Pennsylvania State Association of County Fairs ($662k) and Assistance League of Santa Monica ($660k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $40k (3.8% of expenses). Other salaries and wages came to $128k. At year end it held assets of $70k against liabilities of $22k, net assets of $48k. It reported 2 employees.