National Cryptologic Foundation Inc

Analysis

National Cryptologic Foundation Inc is a registered charity in United States, based in Glen Burnie, MD. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, National Cryptologic Foundation Inc reported income of $4.0m and spending of $10.6m, spending 265% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.7m to $4.0m (+48%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Cryptologic Foundation Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MD. Charities of a similar size with the same main cause include New Orleans Opera Association ($4.0m), Association for the Advancement of Artificial Intelligence ($4.0m) and Living History Farms Foundation ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $120k (1.1% of expenses). Other salaries and wages came to $792k. At year end it held assets of $14.8m against liabilities of $278k, net assets of $14.5m. It reported 4 employees.