Northrop Grumman Management Club

Analysis

Northrop Grumman Management Club is a registered charity in United States, based in Redondo Beach, CA. It received its IRS tax-exemption ruling in September 1958, 68 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Northrop Grumman Management Club reported income of $460k and spending of $493k, spending 107% of what it took in. Across the 5 years on record, from April 2020 to April 2024, income grew from $396k to $460k (+16%), an average of +3.8% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northrop Grumman Management Club sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Friends of the Sharon Art Studio ($460k), Pee Dee Hearing Center ($460k) and Nehemiah Initiative Seattle ($460k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 91% and program service revenue 9.2% of the total. At year end it held assets of $169k against liabilities of $0, net assets of $169k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.