National Center for Fair & Open Testing Inc

Analysis

National Center for Fair & Open Testing Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in February 1986, 40 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 September 2023, National Center for Fair & Open Testing Inc reported income of $249k and spending of $232k, spending 93% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $210k to $249k (+18%), an average of +18% a year. The sharpest change came in the year to September 2023, when income rose by 18%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National Center for Fair & Open Testing Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Northeast Minneapolis Tool Library ($249k), Cornerstones of Science ($249k) and Norwin School District Communityfoundation ($249k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $154k (66% of expenses). At year end it held assets of $233k against liabilities of $90k, net assets of $143k. It reported 1 employees.