National Tec Conference

Analysis

National Tec Conference is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in December 1982, 44 years ago. 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 March 2024, National Tec Conference reported income of $115k and spending of $178k, spending 155% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $229k to $115k (-50%), an average of -16% a year. The sharpest change came in the year to March 2021, when income dropped by 46%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Tec Conference sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within LA. Charities of a similar size with the same main cause include St John the Baptist Catholic Church Memorial Trust Fund ($115k), Habitat for Humanity International Inc ($115k) and Richmond Hill Players Inc ($115k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 86% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $76k (43% of expenses). Other salaries and wages came to $31k. At year end it held assets of $113k against liabilities of $4,430, net assets of $109k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.