National Collegiate Honors Council Inc

Analysis

National Collegiate Honors Council Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in June 1981, 45 years ago. 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 December 2023, National Collegiate Honors Council Inc reported income of $1.7m and spending of $1.6m, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $1.7m to $1.7m (+0.6%), an average of +0.2% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Collegiate Honors Council Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within NE. Charities of a similar size with the same main cause include Ponte Vedra-Palm Valley Athletic As ($1.7m), Athletes for Life Foundation ($1.7m) and Starbase Indiana Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $66k (4.0% of expenses). Other salaries and wages came to $381k. At year end it held assets of $5.6m against liabilities of $658k, net assets of $4.9m. It reported 7 employees.