Fbi National Academy Associates Inc

Analysis

Fbi National Academy Associates Inc is a registered charity in United States, based in Quantico, VA. It received its IRS tax-exemption ruling in September 1993, 33 years ago. 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, Fbi National Academy Associates Inc reported income of $5.2m and spending of $4.5m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.3m to $5.2m (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fbi National Academy Associates Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within VA. Charities of a similar size with the same main cause include One Voice ($5.2m), Ray of Hope Inc ($5.2m) and U a Local 38 Apprentice & Supplementary Training Trust Fund ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $470k (10% of expenses). Other salaries and wages came to $839k. At year end it held assets of $6.4m against liabilities of $998k, net assets of $5.4m. It reported 23 employees.