National Collegiate Inventors & Innovators Alliance

Analysis

National Collegiate Inventors & Innovators Alliance is a registered charity in United States, based in Hadley, MA. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, National Collegiate Inventors & Innovators Alliance reported income of $93.3m and spending of $89.9m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.9m to $93.3m (+452%), an average of +53% a year. The sharpest change came in the year to June 2021, when income rose by 144%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National Collegiate Inventors & Innovators Alliance sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MA. Charities of a similar size with the same main cause include Elizabethtown College ($93.1m), Western Educational Corporation ($93.6m) and New England Conservatory of Music ($92.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $951k (1.1% of expenses). Other salaries and wages came to $10.8m. At year end it held assets of $53.6m against liabilities of $25.7m, net assets of $27.9m. It reported 123 employees.