National Association of Scholars Inc

Analysis

National Association of Scholars Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1991, 35 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 Scholars Inc reported income of $3.0m and spending of $2.7m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $3.0m (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2020, when income rose by 53%. Over the whole period it spent 77% 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 Scholars Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Macdonald Montessori School ($3.0m), Fulbright University Vietnam USA Inc ($3.0m) and California Farmworker Foundation ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $291k (11% of expenses). It paid $84k in professional fundraising fees. At year end it held assets of $5.3m against liabilities of $374k, net assets of $4.9m.