National Association of Corporate Directors

Analysis

National Association of Corporate Directors is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 Association of Corporate Directors reported income of $44.8m and spending of $42.0m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $37.9m to $44.8m (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Association of Corporate Directors sits at the 99th percentile: it is larger than about 99% of them. 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 National Association of Boards of Pharmacy ($44.6m), Greater Springfield Senior Services Inc ($44.8m) and Voter Registration Project ($44.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $3.9m (9.4% of expenses). Other salaries and wages came to $14.9m. At year end it held assets of $60.5m against liabilities of $31.7m, net assets of $28.7m. It reported 167 employees.