National Association of Tax Professionals Inc

Analysis

National Association of Tax Professionals Inc is a registered charity in United States, based in Binghamton, NY. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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 March 2024, National Association of Tax Professionals Inc reported income of $223k and spending of $247k, spending 111% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $193k to $223k (+15%), an average of +3.6% a year. The sharpest change came in the year to March 2022, when income rose by 51%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Association of Tax Professionals Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Stat Patients Family Services ($223k), Boys Club of Greeley Foundation ($223k) and Little Five Points Community Center Incorporated ($223k).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $51k. At year end it held assets of $181k against liabilities of $12, net assets of $181k. It reported 7 employees.