National Aphasia Association Inc

Analysis

National Aphasia Association Inc is a registered charity in United States, based in Apex, NC. It received its IRS tax-exemption ruling in October 1987, 39 years ago. 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 Aphasia Association Inc reported income of $462k and spending of $197k, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $108k to $462k (+326%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 159%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Aphasia Association Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within NC. Charities of a similar size with the same main cause include KSJ Corporation of Louisville Ky ($462k), Lillian James Learning Center Inc ($462k) and Montana Preservation Alliance Inc ($462k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $32k (16% of expenses). At year end it held assets of $451k against liabilities of $29k, net assets of $422k. It reported 1 employees.