National College Advising Corps Inc

Analysis

National College Advising Corps Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in May 2013, 13 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 2024, National College Advising Corps Inc reported income of $25.0m and spending of $22.4m, spending 90% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $26.7m to $25.0m (-6.2%), an average of -1.3% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National College Advising Corps Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NC. Charities of a similar size with the same main cause include 22beacon Inc ($25.0m), Auxiliary Services State University College at Oswego Inc ($25.0m) and Mast Community Charter School III ($25.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $1.1m (4.8% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $18.5m against liabilities of $2.2m, net assets of $16.3m. It reported 52 employees.