National Center for Advanced Technologies Inc

Analysis

National Center for Advanced Technologies Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in October 1989, 37 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Center for Advanced Technologies Inc reported income of $406k and spending of $441k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $585k to $406k (-31%), an average of -8.7% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 92% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, National Center for Advanced Technologies Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within VA. Charities of a similar size with the same main cause include International Alliance for Mercy Inc ($406k), Soul Foundation Inc ($406k) and Second Mountain Ministries ($406k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $72k. At year end it held assets of $875k against liabilities of $483k, net assets of $392k.