National Accrediting Commission of Career Arts & Sciences Inc

Analysis

National Accrediting Commission of Career Arts & Sciences Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in April 1970, 56 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Accrediting Commission of Career Arts & Sciences Inc reported income of $6.8m and spending of $6.7m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.1m to $6.8m (-3.9%), an average of -1.0% a year. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, National Accrediting Commission of Career Arts & Sciences Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within VA. Charities of a similar size with the same main cause include Buffalo & Erie County Industrial Land Development Corp ($6.8m), Metro Southwest Workforce Board Inc ($6.8m) and Business Impact NW ($6.8m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $851k (13% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $10.4m against liabilities of $1.5m, net assets of $8.9m. It reported 38 employees.