Napfa Consumer Education Foundation

Analysis

Napfa Consumer Education Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2006, 20 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 August 2023, Napfa Consumer Education Foundation reported income of $64k and spending of $87k, spending 137% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $205k to $64k (-69%), an average of -69% a year. The sharpest change came in the year to August 2023, when income dropped by 69%. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Napfa Consumer Education Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within IL. Charities of a similar size with the same main cause include Sprayberry High School Yellow Jacket Diamond Club Inc ($64k), Summerfield Charter Academy Parent Leadership Team Inc ($64k) and Gerrard Berman Day School Solomon Schechter of North Jersey a NJ Non ($64k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $57k. At year end it held assets of $351k against liabilities of $17k, net assets of $334k. It reported 2 employees.