National Tax Association Tax Institute of America

Analysis

National Tax Association Tax Institute of America is a registered charity in United States, based in Leesburg, VA. It received its IRS tax-exemption ruling in February 1939, 87 years ago. 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 Tax Association Tax Institute of America reported income of $651k and spending of $574k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $561k to $651k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2023, when income rose by 186%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Tax Association Tax Institute of America sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within VA. Charities of a similar size with the same main cause include Life Challenge of Amarillo Inc ($651k), Womens Fund for the Fox Valley Region Inc ($651k) and Greenway Learning Center for Infants and Children Inc ($651k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 55% of the total. At year end it held assets of $727k against liabilities of $63k, net assets of $664k.