Npower Inc
Only null% goes to programs Strong reserves
Npower Inc is a 501(c)(3) organization based in Brooklyn, New York, registered in 2001, with $24,404,799 in FY2023 revenue. CharityIndex grades it D.
55 Washington St Ste 560, Brooklyn, NY, 11201 EIN 13-4145441 Since 2001
Revenue (FY2023)
$24.4M
▼ 41.1% vs prior year
Community median: $184K
Expenses (FY2023)
$34.5M
Net assets
$21.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Npower Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating7 mo reserves · -41% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Npower Inc: 7 mo reserves · -41% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Npower Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Npower Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 55 Washington St Ste 560, Brooklyn, NY, 11201
- City
- Brooklyn
- State
- New York
- Subcategory
- Nonprofit Management Support
- Website
- …
Financial trends
Revenue grew from $5.7M (FY2014) to $24.4M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $4.2MNet assets $21.5M
Operating margin
-41.4%
Spent more than it raised in the latest fiscal year.
Total assets
$25.7M
Total liabilities
$4.2M
Net assets
$21.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $24,404,799▼41.1% | $34,500,878▲38.5% | $21,466,788▼32.9% | $25,656,098▼30.2% | 990 |
| 2022 | $41,415,591▲82.7% | $24,911,282▲16.0% | $32,012,867▲107% | $36,741,712▲118% | 990 |
| 2021 | $22,673,461▼9.2% | $21,467,133▲18.9% | $15,458,361▲8.5% | $16,868,984▲10.9% | 990 |
| 2020 | $24,968,671▲74.7% | $18,055,792▼4.6% | $14,252,033▲94.2% | $15,216,351▲77.9% | 990 |
| 2019 | $14,295,556▼32.0% | $18,922,000▲35.8% | $7,339,154▼38.7% | $8,552,596▼32.6% | 990 |
| 2018 | $21,037,899▲74.2% | $13,930,695▲17.3% | $11,965,598▲146% | $12,697,359▲131% | 990 |
| 2017 | $12,074,683▲1.9% | $11,876,339▲22.6% | $4,858,394▲4.3% | $5,508,313▲5.1% | 990 |
| 2016 | $11,848,151▲74.2% | $9,686,536▲38.7% | $4,660,050▲98.1% | $5,238,696▲82.2% | 990 |
| 2015 | $6,799,578▲19.0% | $6,985,572▲21.0% | $2,352,014▼7.3% | $2,874,499▲3.4% | 990 |
| 2014 | $5,714,528 | $5,774,786▼23.8% | $2,538,008▼9.4% | $2,781,015▼23.9% | 990 |
| 2012 | — | $7,579,229▲18.0% | $2,799,793▲0.4% | $3,653,568▲7.3% | 990 |
| 2011 | — | $6,425,552▲16.1% | $2,788,661▼9.7% | $3,405,098▲4.8% | 990 |
| 2010 | — | $5,534,153 | $3,086,945 | $3,249,224 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $42.1M total
151 grants to Npower Inc totaling $42.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ascendium Education Solutions Inc | Grant, advancing alternate pathways to technology careers for learners from low-income, underserved communities | 2024 | $1,360,000 |
| Fidelity Non-profit Management Foundation | Program development/evaluation | 2024 | $900,000 |
| Robin Hood Foundation | Poverty relief | 2024 | $665,000 |
| American Online Giving Foundation Inc | General support | 2024 | $612,299 |
| Tides Foundation | Equity, human rights, and economic empowerment | 2024 | $554,000 |
| Silicon Valley Community Foundation | Community development | 2024 | $485,000 |
| The New York Community Trust | For program support. | 2024 | $130,000 |
| The Blackbaud Giving Fund | General support | 2024 | $110,500 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $100,000 |
| United Way of Metropolitan Dallas Inc | Program ops cost | 2024 | $95,000 |
| United Way of Greater St Louis Inc | All-jobs and financial mobility | 2024 | $91,404 |
| Paypal Charitable Giving Fund | General support | 2024 | $88,582 |
| Foundation For California Community Colleges | Breaking barriers | 2024 | $76,215 |
| Texas Mutual Insurance Company | Workforce development & safety training | 2024 | $45,000 |
| Pacific Service Credit Union | General program support | 2024 | $10,000 |
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Frequently asked questions
- Is Npower Inc a legitimate nonprofit?
- Yes. Npower Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-4145441, based in Brooklyn, New York. Donations are tax-deductible.
- What is Npower Inc's EIN?
- Npower Inc's Employer Identification Number (EIN) is 13-4145441.
- How much revenue does Npower Inc report?
- Npower Inc reported $24,404,799 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Npower Inc have?
- CharityIndex grades Npower Inc D, based on financial health (reserves and operating margin).
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Data for Npower Inc (EIN 13-4145441) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.