National Association of Iolta Programs

Analysis

National Association of Iolta Programs is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in July 1990, 36 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 June 2024, National Association of Iolta Programs reported income of $199k and spending of $154k, leaving 22% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $162k to $199k (+23%), an average of +23% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Association of Iolta Programs sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within NC. Charities of a similar size with the same main cause include Service Stars Inc ($199k), Midwest Unitarian Universalist Foundation ($199k) and Total Life Management Inc C O Bruce R Peterson ($199k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 11% and program service revenue 20% of the total. At year end it held assets of $292k against liabilities of $7,275, net assets of $285k.