United Negro College Fund Inc: $250.9M Revenue, $195.0M Expenses
Washington, District of Columbia · EIN 131624241 · Filing year 2024
United Negro College Fund Inc reported $250.9M in total revenue, $195.0M in total expenses, and $917.0M in total assets on its 2024 IRS Form 990. Total compensation for current officers and key employees was $3.4M (1.34% of revenue). NonprofitTruth efficiency grade: C (58/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2024.
Key Facts (2024 Form 990)
- Total Revenue
- $250.9M
- Total Expenses
- $195.0M
- Total Assets
- $917.0M
- Reserve Months
- 56.4 months
- Surplus / (Deficit)
- $55.9M
- EIN
- 131624241
- Latest 990 Year
- 2024
- Current-Officer Compensation
- $3.4M
- Officer Comp % of Revenue
- 1.34%
United Negro College Fund Inc earns a C on the efficiency rubric — the median bucket on the NonprofitTruth scale, indicating performance close to the national midpoint across financial reserves, officer compensation, and revenue consistency. Composite score: 58/100.
United Negro College Fund Inc is a large nonprofit by U.S. standards: $250.9M in 2024 revenue against $195.0M in expenses. Organizations in this revenue bracket usually run multiple programs with permanent staff and a meaningful endowment or reserve. On the financial-health factor, United Negro College Fund Inc runs thin — assets relative to annual spending fall below the cushion nonprofit-finance experts typically recommend.
Revenue has grown meaningfully across the five-year filing history — a sign of expanding donor base, new grants, or scaling programs. United Negro College Fund Inc reported $250.9M in 2024, up notably from the start of the window. Officer compensation is modest relative to organizational size: United Negro College Fund Inc reports $3.4M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $250.9M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. In the Education category, United Negro College Fund Inc sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue figures should be read.
How United Negro College Fund Inc Compares
United Negro College Fund Inc earns a NonprofitTruth efficiency grade of C (58/100). That is 6 points below the Education category average. Compensation for current officers and key employees represents 1.34% of total revenue. The organization holds 56.4 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, United Negro College Fund Inc reported $250.9M in revenue against $195.0M in total functional expenses for filing year 2024, holding roughly 56.4 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.
The 990 reports $3.4M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 1.34% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
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United Negro College Fund Inc has a NonprofitTruth Efficiency Score of C (58/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
United Negro College Fund Inc, Donor FAQ
United Negro College Fund Inc has a NonprofitTruth Efficiency Score of C (58/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
United Negro College Fund Inc reports $3.4M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 1.34% of the organization's $250.9M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.
United Negro College Fund Inc reported $250.9M in annual revenue and $195.0M in total expenses for filing year 2024. The organization holds $917.0M in total assets.
United Negro College Fund Inc holds approximately 56.4 months of operating reserves (total assets relative to annual expenses) based on its 2024 IRS Form 990, one input into its C efficiency grade.
United Negro College Fund Inc is a registered 501(c) organization with EIN 131624241, based in Washington, District of Columbia. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
Similar Education Nonprofits
Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.