National Guard Educational Foundation

Analysis

National Guard Educational Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 1976, 50 years ago. 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, National Guard Educational Foundation reported income of $348k and spending of $875k, spending 251% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $846k to $348k (-59%), an average of -20% a year. The sharpest change came in the year to December 2020, when income rose by 65%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Guard Educational Foundation sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 38th percentile within DC. Charities of a similar size with the same main cause include Glen Rock Hose & Ladder Co Equipment Fund ($348k), Disciples Homes of Northeast Texas Inc ($348k) and One Voice Mixed Chorus ($348k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 144% of the total. Compensation of current officers, directors and key employees was $49k (5.6% of expenses). Other salaries and wages came to $331k. At year end it held assets of $10.9m against liabilities of $3.6m, net assets of $7.4m.