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National Association for Gifted Children

RegisteredEIN 31-0686464Washington, DCEducation and training
Income$2.1m2023-08
Spending$2.1msame year
Spent / received102%5-year average
Size in its cause83rd pctEducation and training
Exempt since1963Publicly supported organisat
Employees7latest return

Analysis

National Association for Gifted Children is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 1963, 63 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 August 2023, National Association for Gifted Children reported income of $2.1m and spending of $2.1m, spending 100% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.9m to $2.1m (+11%), an average of +2.6% a year. The sharpest change came in the year to August 2022, when income rose by 20%. Over the whole period it spent 102% 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 Gifted Children sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 68th percentile within DC. Charities of a similar size with the same main cause include Western Great Lakes Finishing Trades Institute ($2.1m), Industrial Sewing and Innovation Center Isaic ($2.1m) and The Jane Stern Dorado Community Library Inc ($2.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 17% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $197k (9.2% of expenses). Other salaries and wages came to $459k. At year end it held assets of $1.9m against liabilities of $883k, net assets of $1.0m. It reported 7 employees.

Income and spending

$0$555k$1.1m$1.7m$2.2m2019 Income: $1,933,1952019 Spending: $2,219,49420192020 Income: $1,827,2752020 Spending: $1,839,79920202021 Income: $1,529,6022021 Spending: $1,339,32120212022 Income: $1,839,3212022 Spending: $1,912,64220222023 Income: $2,143,8402023 Spending: $2,138,7852023
IncomeSpending

Where the income comes from

  • Contributions & grants 17%
  • Program services 72%
  • Other 10%

Similar-sized charities, same cause

CharityLocationIncome
Western Great Lakes Finishing Trades InstituteBig Bend$2.1m
Industrial Sewing and Innovation Center IsaicDetroit$2.1m
The Jane Stern Dorado Community Library IncDorado$2.1m
Pearl River Community College Development Foundation IncPoplarville$2.1m