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National Association of Secondary -School Principals

RegisteredEIN 52-6006937Reston, VAEducation and training
Income$26.5m2023-12
Spending$24.3msame year
Spent / received89%5-year average
Size in its cause97th pctEducation and training
Exempt since1969Publicly supported organisat
Employees72latest return

Analysis

National Association of Secondary -School Principals is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in November 1969, 57 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 December 2023, National Association of Secondary -School Principals reported income of $26.5m and spending of $24.3m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $29.0m to $26.5m (-8.8%), an average of -2.3% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National Association of Secondary -School Principals sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within VA. Charities of a similar size with the same main cause include The Benedictine School for Exceptional Children Inc ($26.4m), Baldwin School ($26.5m) and North Carolina Learns Inc ($26.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.8% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $1.8m (7.5% of expenses). Other salaries and wages came to $6.1m. At year end it held assets of $57.1m against liabilities of $10.8m, net assets of $46.3m. It reported 72 employees.

Income and spending

$0$7.3m$14.5m$21.8m$29.0m2019 Income: $29,029,9312019 Spending: $25,083,18620192020 Income: $23,560,8572020 Spending: $21,020,03020202021 Income: $28,736,0002021 Spending: $21,540,06820212022 Income: $22,849,7892022 Spending: $24,216,07020222023 Income: $26,471,8622023 Spending: $24,319,9442023
IncomeSpending

Where the income comes from

  • Contributions & grants 3.8%
  • Program services 64%
  • Other 32%

Similar-sized charities, same cause

CharityLocationIncome
The Benedictine School for Exceptional Children IncRidgely$26.4m
Baldwin SchoolBryn Mawr$26.5m
North Carolina Learns IncDurham$26.4m
Empowerment Academy Charter School IncJersey City$26.5m