Naca-Inspired Schools Network

Analysis

Naca-Inspired Schools Network is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in July 2015, 11 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, Naca-Inspired Schools Network reported income of $8.4m and spending of $6.0m, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.9m to $8.4m (+20%), an average of +4.8% a year. The sharpest change came in the year to June 2020, when income dropped by 44%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Naca-Inspired Schools Network sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within NM. Charities of a similar size with the same main cause include Verified Solutions ($8.4m), Aquifer Inc ($8.4m) and Odyssey School Inc ($8.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $128k (2.1% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $8.2m against liabilities of $879k, net assets of $7.3m. It reported 66 employees.