North Naples Education Center Inc

Analysis

North Naples Education Center Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in August 2014, 12 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, North Naples Education Center Inc reported income of $674k and spending of $574k, spending 85% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $404k to $674k (+67%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 48%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Naples Education Center Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Paramedic Resources Inc ($674k), Tennessee Educational Technology Association ($675k) and Christian Life Academy Inc ($674k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% of the total. Compensation of current officers, directors and key employees was $65k (11% of expenses). Other salaries and wages came to $156k. At year end it held assets of $649k against liabilities of $28k, net assets of $621k. It reported 13 employees.