Native American Advancement Corp

Analysis

Native American Advancement Corp is a registered charity in United States, based in Bridgeton, NJ. It received its IRS tax-exemption ruling in July 2010, 16 years ago. 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 March 2024, Native American Advancement Corp reported income of $3.4m and spending of $2.6m, leaving 25% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $2.4m to $3.4m (+42%), an average of +9.2% a year. The sharpest change came in the year to March 2024, when income rose by 98%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Native American Advancement Corp sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NJ. Charities of a similar size with the same main cause include San Luis Obispo Nonprofit Housing Corporation ($3.4m), Southeastern Chapter National Safety Council ($3.4m) and University of North Carolina at Greensboro Weatherspoon Arts Found ($3.4m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $124k (4.8% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $1.2m against liabilities of $321k, net assets of $888k. It reported 20 employees.