National Association for College Admission Counseling Inc
Analysis
National Association for College Admission Counseling Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, National Association for College Admission Counseling Inc reported income of $15.5m and spending of $17.1m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $17.7m to $15.5m (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 96% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, National Association for College Admission Counseling Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within VA. Charities of a similar size with the same main cause include Brooklyn Scholars Charter School ($15.5m), Keys Family Day School Inc ($15.5m) and Intrepid College Preparatory Incorporated ($15.5m).
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 $1.5m (8.9% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $18.8m against liabilities of $5.4m, net assets of $13.4m. It reported 47 employees.
Income and spending
Where the income comes from
- Contributions & grants 15%
- Program services 85%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Brooklyn Scholars Charter School | Brooklyn | $15.5m |
| Keys Family Day School Inc | Palo Alto | $15.5m |
| Intrepid College Preparatory Incorporated | Nashville | $15.5m |
| Medical Educatiion & Research Instutute | Memphis | $15.6m |