National Association of Corporate Directors

Analysis

National Association of Corporate Directors is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, National Association of Corporate Directors reported income of $343k and spending of $180k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $343k (+531%), an average of +531% a year. The sharpest change came in the year to December 2023, when income rose by 531%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National Association of Corporate Directors sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within MN. Charities of a similar size with the same main cause include Emerald Brigade Support Organization ($343k), Discovering Mind Foundation ($343k) and American Friends of Kidum Inc ($343k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $55k (31% of expenses). At year end it held assets of $191k against liabilities of $0, net assets of $191k.