The National Society of Professional Education Foundation

Analysis

The National Society of Professional Education Foundation is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in October 1964, 62 years ago. 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, The National Society of Professional Education Foundation reported income of $59k and spending of $100k, spending 168% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $25k to $59k (+140%), an average of +24% a year. The sharpest change came in the year to June 2020, when income rose by 574%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The National Society of Professional Education Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within VA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($59k), Hanover Review Inc ($59k) and PTA California Congress of Parents Teachers and Students Inc ($59k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.