United Negro College Fund Inc: $250.9M Revenue, $152.1M Program 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. 78.0% of expenses ($152.1M) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: B (68/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2024.
Key Facts (2024 Form 990)
- Total Revenue
- $250.9M
- Total Expenses
- $195.0M
- Program Expenses
- $152.1M
- Program Expense Ratio
- 78.0%
- Total Assets
- $917.0M
- Reserve Months
- 56.4 months
- EIN
- 131624241
- Latest 990 Year
- 2024
- Top Officer Compensation
- Not reported
United Negro College Fund Inc grades a B on the nonprofit efficiency rubric. 68/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.
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. United Negro College Fund Inc directs 80% of its expenses to programs — above the third-party-rater threshold for an efficient organization.
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. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. 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 ratios should be read.
How United Negro College Fund Inc Compares
United Negro College Fund Inc directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 68/100 is 6 points below the Education category average. The organization holds 56.4 months of operating reserves, indicating strong financial stability.
Where Your Donation Goes
Based on IRS tax-exempt organization data, for every dollar donated to United Negro College Fund Inc, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.
Revenue History
United Negro College Fund Inc has an Efficiency Score of B (68/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
United Negro College Fund Inc, Donor FAQ
United Negro College Fund Inc has an Efficiency Score of B (68/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
CEO/officer compensation for United Negro College Fund Inc is not reported in the most recent IRS 990 filing on file.
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.
For every dollar donated to United Negro College Fund Inc, approximately 78.0 cents goes to program activities. The organization has 56.4 months of operating reserves, providing financial stability to sustain its mission.
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 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.