National Auctioneers Association Foundation

Analysis

National Auctioneers Association Foundation is a registered charity in United States, based in Lenexa, KS. It received its IRS tax-exemption ruling in December 1983, 43 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 May 2023, National Auctioneers Association Foundation reported income of $365k and spending of $242k, leaving 34% of income unspent that year. Across the 4 years on record, from May 2020 to May 2023, income grew from $245k to $365k (+49%), an average of +14% a year. The sharpest change came in the year to May 2021, when income rose by 63%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Auctioneers Association Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within KS. Charities of a similar size with the same main cause include West Des Moines Soccer Club ($365k), Insulators Joint Apprenticeship and Training Committee Trust Fund ($365k) and National Council for Geographic Education ($365k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $2.5m against liabilities of $5,929, net assets of $2.5m.