National Association of Investors Corporation

Analysis

National Association of Investors Corporation is a registered charity in United States, based in Troy, MI. It received its IRS tax-exemption ruling in December 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, National Association of Investors Corporation reported income of $2.7m and spending of $3.0m, spending 112% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.7m to $2.7m (-0.7%), an average of -0.2% a year. The sharpest change came in the year to September 2022, when income rose by 31%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, National Association of Investors Corporation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within MI. Charities of a similar size with the same main cause include Penn Asylum for Indigent Widows and Singlewomen ($2.7m), SMCWC - Crossroads Housing Inc ($2.7m) and Western Arkansas Child Development Inc ($2.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.8% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $390k (13% of expenses). At year end it held assets of $3.7m against liabilities of $1.4m, net assets of $2.3m. It reported 23 employees.