Neohumanist College of Asheville

Analysis

Neohumanist College of Asheville is a registered charity in United States, based in Marshall, NC. It received its IRS tax-exemption ruling in August 2024, 2 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 December 2023, Neohumanist College of Asheville reported income of $172k and spending of $178k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $226k to $172k (-24%), an average of -6.6% a year. The sharpest change came in the year to December 2022, when income rose by 114%. Over the whole period it spent 42% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Neohumanist College of Asheville sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NC. Charities of a similar size with the same main cause include World Affairs Council of Harrisburg ($172k), Montessori Initiative for Education ($172k) and Burge Bird Rescue ($172k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $51k (29% of expenses). At year end it held assets of $1.2m against liabilities of $2,767, net assets of $1.1m. It reported 1 employees.