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North American Securities Administrators Association Inc

RegisteredEIN 47-0730228Washington, DCOther charitable purposes
Income$15.7m2023-12
Spending$11.3msame year
Spent / received67%5-year average
Size in its cause97th pctOther charitable purposes
Exempt since1994Publicly supported organisat
Employees26latest return

Analysis

North American Securities Administrators Association Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, North American Securities Administrators Association Inc reported income of $15.7m and spending of $11.3m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.6m to $15.7m (+82%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North American Securities Administrators Association 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 96th percentile, and in the 91st percentile within DC. Charities of a similar size with the same main cause include Brockport Auxilary Service Corporation ($15.7m), Gaston County Family YMCA ($15.7m) and Young Womens Christian Association of Lubbock Texas Inc ($15.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. Compensation of current officers, directors and key employees was $863k (7.6% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $36.6m against liabilities of $3.3m, net assets of $33.3m. It reported 26 employees.

Income and spending

$0$3.9m$7.9m$11.8m$15.7m2019 Income: $8,626,4952019 Spending: $7,365,06620192020 Income: $7,833,5082020 Spending: $5,639,14520202021 Income: $12,337,1922021 Spending: $6,430,67720212022 Income: $14,184,4042022 Spending: $8,793,53120222023 Income: $15,739,7052023 Spending: $11,298,5272023
IncomeSpending

Where the income comes from

  • Program services 93%
  • Other 7.1%

Similar-sized charities, same cause

CharityLocationIncome
Brockport Auxilary Service CorporationBrockport$15.7m
Gaston County Family YMCAGastonia$15.7m
Young Womens Christian Association of Lubbock Texas IncLubbock$15.7m
MRM Property and Liability TR IncSewickley$15.7m