Center for New American Security Inc

Analysis

Center for New American Security Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 September 2023, Center for New American Security Inc reported income of $14.4m and spending of $11.8m, spending 82% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $13.6m to $14.4m (+6.1%), an average of +1.5% a year. The sharpest change came in the year to September 2022, when income rose by 63%. Over the whole period it spent 77% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Center for New American Security Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 91st percentile within DC. Charities of a similar size with the same main cause include Children of Armenia Fund Inc ($14.4m), The Global Foodbanking Network ($14.4m) and Junior Achievement USA ($14.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% and program service revenue 6.7% of the total. Compensation of current officers, directors and key employees was $597k (5.1% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $25.7m against liabilities of $1.9m, net assets of $23.7m. It reported 80 employees.