Naseo Institute Inc

Analysis

Naseo Institute Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Naseo Institute Inc reported income of $751k and spending of $578k, leaving 23% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $335k to $751k (+124%), an average of +22% a year. The sharpest change came in the year to September 2022, when income rose by 166%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Naseo Institute Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within VA. Charities of a similar size with the same main cause include Messenger College Inc ($751k), Give & Teach Inc ($752k) and Bloom360 Learning Community Inc ($751k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $21k (3.7% of expenses). At year end it held assets of $588k against liabilities of $285k, net assets of $303k.