National Exchange Club Foundation Inc

Analysis

National Exchange Club Foundation Inc is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in April 1966, 60 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 June 2023, National Exchange Club Foundation Inc reported income of $724k and spending of $770k, spending 106% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $645k to $724k (+12%), an average of +3.9% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National Exchange Club Foundation Inc 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 75th percentile, and in the 76th percentile within OH. Charities of a similar size with the same main cause include Friends of Vada at Santa Barbara High School ($724k), Science Coach Inc ($724k) and Writers Series of Traverse City ($724k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 19% of the total. Other salaries and wages came to $31k. At year end it held assets of $1.2m against liabilities of $126k, net assets of $1.1m.