National Association of State Boards of Education

Analysis

National Association of State Boards of Education is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in October 1967, 59 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 December 2023, National Association of State Boards of Education reported income of $1.7m and spending of $1.9m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.7m (-9.6%), an average of -2.5% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 100% 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 State Boards of Education sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within VA. Charities of a similar size with the same main cause include Domestic Violence Project Inc ($1.7m), Integrated Community Work Inc ($1.7m) and Nga Research and Education Foundation ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $275k (14% of expenses). Other salaries and wages came to $614k. At year end it held assets of $1.7m against liabilities of $1.5m, net assets of $127k. It reported 11 employees.