The Nacaa Educational Foundation

Analysis

The Nacaa Educational Foundation is a registered charity in United States, based in Goodhue, MN. It received its IRS tax-exemption ruling in November 1983, 43 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Nacaa Educational Foundation reported income of $69k and spending of $31k, leaving 56% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $83k to $69k (-17%), an average of -5.9% a year. The sharpest change came in the year to June 2021, when income rose by 47%. Over the whole period it spent 24% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Nacaa Educational Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within MN. Charities of a similar size with the same main cause include Pop Warner Little Scholars Inc ($69k), Truckee Meadows Housing Solutions ($69k) and Joseph Horace Benton Trust a ($69k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.