National Alliance of Concurrent Enrollment Partnerships Inc

Analysis

National Alliance of Concurrent Enrollment Partnerships Inc is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in February 2002, 24 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 Alliance of Concurrent Enrollment Partnerships Inc reported income of $1.6m and spending of $1.6m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.6m (+23%), an average of +5.2% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National Alliance of Concurrent Enrollment Partnerships Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include Associated Students Inc California State University East Bay ($1.6m), Pdyf Success Institute Charter School ($1.6m) and Page Learning Academy Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $97k (6.2% of expenses). Other salaries and wages came to $381k. At year end it held assets of $874k against liabilities of $2,490, net assets of $872k. It reported 7 employees.