National Scholarship Providers Association

Analysis

National Scholarship Providers Association is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, National Scholarship Providers Association reported income of $1.9m and spending of $1.9m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.9m (+67%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, National Scholarship Providers Association sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within VA. Charities of a similar size with the same main cause include Greater Valley Community Services Inc ($1.9m), Community Family Day Care Inc ($1.9m) and Step ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $171k (8.8% of expenses). Other salaries and wages came to $331k. At year end it held assets of $1.3m against liabilities of $73k, net assets of $1.3m. It reported 10 employees.