Ncf Charitable Trust
Ncf Charitable Trust reports over $1.1 billion in 2023 revenue with no officer compensation.
EIN: 204326440 · Clearwater, FL · NTEE: X11 · Updated: 2026-03-28
Is Ncf Charitable Trust Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ncf Charitable Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ncf Charitable Trust
Ncf Charitable Trust (EIN: 204326440) is a nonprofit organization based in Clearwater, FL, classified under NTEE code X11. The organization reported total revenue of $479.9M and total assets of $1.8B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ncf Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ncf Charitable Trust is a major nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 19.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1B |
| Total Expenses | $365.8M |
| Surplus / Deficit | +$736.5M |
| Total Assets | $2.1B |
| Total Liabilities | $54.6M |
| Net Assets | $2.0B |
| Operating Margin | 66.8% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 68.1 months |
Financial Health Grade: A
In 2023, Ncf Charitable Trust reported a surplus of $736.5M with revenue exceeding expenses, holds 68.1 months of operating reserves (strong position), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Ncf Charitable Trust's revenue has grown at a compound annual growth rate (CAGR) of 19.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +41.8% | -27.1% | +44.2% |
| 2022 | +1.8% | +27.4% | +2.4% |
| 2021 | -20.9% | +72.9% | +23.5% |
| 2020 | +68.2% | -21.2% | +37.1% |
| 2019 | +31.2% | -5.9% | -0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ncf Charitable Trust with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Ncf Charitable Trust allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $736.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers do not receive salaries, which is highly unusual for an organization of this scale with over $2 billion in assets.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Ncf Charitable Trust:
- Consistent revenue growth, reaching over $1.1 billion in 2023.
- Significant asset accumulation, exceeding $2 billion in 2023.
- 0% reported officer compensation across all filings, indicating strong mission focus.
- Low liabilities relative to assets, suggesting financial stability.
- Strong financial health and capacity for charitable activities.
Frequently Asked Questions about Ncf Charitable Trust
Is Ncf Charitable Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Ncf Charitable Trust (EIN: 204326440) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Ncf Charitable Trust spend its money?
Ncf Charitable Trust directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ncf Charitable Trust tax-deductible?
Ncf Charitable Trust is registered as a tax-exempt nonprofit (EIN: 204326440). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Ncf Charitable Trust a good charity?
Based on its financial data, Ncf Charitable Trust appears to be a very good charity. It demonstrates exceptional financial health, significant asset growth, and a strong commitment to its mission by reporting 0% officer compensation.
How does Ncf Charitable Trust manage its expenses relative to its revenue?
Ncf Charitable Trust consistently manages its expenses well below its revenue. For example, in 2023, expenses were $365.8 million against $1.1 billion in revenue, indicating a substantial portion of revenue is either invested or held for future charitable distributions.
What is the trend in Ncf Charitable Trust's assets?
Ncf Charitable Trust has shown remarkable asset growth, increasing from $428.4 million in 2014 to over $2 billion in 2023, reflecting strong financial management and donor confidence.
Filing History
IRS 990 filing history for Ncf Charitable Trust showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Ncf Charitable Trust's revenue has grown by 872%, moving from $113.4M to $1.1B. Total assets increased by 750.6% over the same period, from $244.0M to $2.1B. Total functional expenses rose by 762.4%, from $42.4M to $365.8M. In its most recent filing year (2023), Ncf Charitable Trust reported a surplus of $736.5M, with revenue exceeding expenses. The organization holds $54.6M in liabilities against $2.1B in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $2.0B.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1B | $365.8M | $2.1B | $54.6M | — | View 990 |
| 2022 | $777.5M | $502.1M | $1.4B | $33.5M | — | View 990 |
| 2021 | $763.8M | $394.1M | $1.4B | $30.6M | — | View 990 |
| 2020 | $965.9M | $227.9M | $1.1B | $31.4M | — | View 990 |
| 2019 | $574.4M | $289.2M | $830.2M | $12.5M | — | View 990 |
| 2018 | $437.9M | $307.3M | $835.0M | $7.8M | — | View 990 |
| 2017 | $493.1M | $228.9M | $830.4M | $11.9M | — | View 990 |
| 2016 | $341.0M | $188.1M | $655.2M | $7.8M | — | View 990 |
| 2015 | $403.9M | $132.1M | $622.7M | $6.6M | — | View 990 |
| 2014 | $296.7M | $153.4M | $428.4M | $6.9M | — | View 990 |
| 2013 | $172.3M | $79.9M | $393.9M | $5.8M | — | View 990 |
| 2012 | $166.4M | $51.8M | $352.5M | $4.9M | — | View 990 |
| 2011 | $186.0M | $104.5M | $268.7M | $3.5M | — | View 990 |
| 2010 | $113.4M | $42.4M | $244.0M | $4.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1B, expenses of $365.8M, and assets of $2.1B (revenue +41.8% year-over-year).
- 2022: Revenue of $777.5M, expenses of $502.1M, and assets of $1.4B (revenue +1.8% year-over-year).
- 2021: Revenue of $763.8M, expenses of $394.1M, and assets of $1.4B (revenue -20.9% year-over-year).
- 2020: Revenue of $965.9M, expenses of $227.9M, and assets of $1.1B (revenue +68.2% year-over-year).
- 2019: Revenue of $574.4M, expenses of $289.2M, and assets of $830.2M (revenue +31.2% year-over-year).
- 2018: Revenue of $437.9M, expenses of $307.3M, and assets of $835.0M (revenue -11.2% year-over-year).
- 2017: Revenue of $493.1M, expenses of $228.9M, and assets of $830.4M (revenue +44.6% year-over-year).
- 2016: Revenue of $341.0M, expenses of $188.1M, and assets of $655.2M (revenue -15.6% year-over-year).
- 2015: Revenue of $403.9M, expenses of $132.1M, and assets of $622.7M (revenue +36.1% year-over-year).
- 2014: Revenue of $296.7M, expenses of $153.4M, and assets of $428.4M (revenue +72.2% year-over-year).
- 2013: Revenue of $172.3M, expenses of $79.9M, and assets of $393.9M (revenue +3.6% year-over-year).
- 2012: Revenue of $166.4M, expenses of $51.8M, and assets of $352.5M (revenue -10.5% year-over-year).
- 2011: Revenue of $186.0M, expenses of $104.5M, and assets of $268.7M (revenue +64.0% year-over-year).
- 2010: Revenue of $113.4M, expenses of $42.4M, and assets of $244.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ncf Charitable Trust:
Data Sources and Methodology
This transparency report for Ncf Charitable Trust is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.