National Association of Corporate Directors

Analysis

National Association of Corporate Directors is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 June 2023, National Association of Corporate Directors reported income of $795k and spending of $681k, spending 86% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $231k to $795k (+244%), an average of +51% a year. The sharpest change came in the year to June 2022, when income rose by 160%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, National Association of Corporate Directors sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include Fishing for Life ($794k), Mushahida Foundation Inc ($795k) and Elk Grove Community Foundation ($794k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 93% of the total. Compensation of current officers, directors and key employees was $156k (23% of expenses). At year end it held assets of $1.5m against liabilities of $51k, net assets of $1.4m. It reported 2 employees.