National Association of College and

Analysis

National Association of College and is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 1967, 59 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 May 2023, National Association of College and reported income of $17.5m and spending of $16.6m, spending 95% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $17.1m to $17.5m (+2.3%), an average of +0.6% a year. The sharpest change came in the year to May 2022, when income rose by 58%. Over the whole period it spent 88% 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 College and 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 97th percentile, and in the 92nd percentile within DC. Charities of a similar size with the same main cause include Inspire Brands Foundation Inc ($17.5m), Community Medical Welness Centers USA ($17.5m) and Unite America Institute Inc ($17.5m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 63% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $1.7m (10% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $34.9m against liabilities of $15.1m, net assets of $19.8m. It reported 50 employees.