National Business Education Association

Analysis

National Business Education Association is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in October 1969, 57 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 June 2023, National Business Education Association reported income of $2.1m and spending of $2.2m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $659k to $2.1m (+211%), an average of +33% a year. The sharpest change came in the year to June 2020, when income rose by 226%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National Business Education Association sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within VA. Charities of a similar size with the same main cause include Niles Preparatory Academy ($2.1m), Northern Rush County Schools Inc ($2.1m) and United Daughters of the Confederacy ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $178k (8.2% of expenses). Other salaries and wages came to $133k. At year end it held assets of $884k against liabilities of $3,634, net assets of $880k. It reported 3 employees.