National Student Clearinghouse

Analysis

National Student Clearinghouse is a registered charity in United States, based in Herndon, VA. It received its IRS tax-exemption ruling in October 2024, 2 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Student Clearinghouse reported income of $96.3m and spending of $101.8m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $64.9m to $96.3m (+48%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National Student Clearinghouse sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within VA. Charities of a similar size with the same main cause include Benedictine University ($96.1m), Culver Educational Foundation ($96.4m) and Flagler College Inc ($96.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $4.5m (4.4% of expenses). Other salaries and wages came to $39.8m. At year end it held assets of $99.8m against liabilities of $57.9m, net assets of $41.9m. It reported 437 employees.