National Association of Idea Principal Investigators

Analysis

National Association of Idea Principal Investigators is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 of Idea Principal Investigators reported income of $55k and spending of $82k, spending 148% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $37k to $55k (+47%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 2419%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Association of Idea Principal Investigators sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 11th percentile within DC. Charities of a similar size with the same main cause include California Armenian Legislative Caucus ($55k), Dala Monthly ($55k) and Festival in the Park of Danville Inc ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.7% of the total. At year end it held assets of $172k against liabilities of $0, net assets of $172k.