National Assoc of Elementary School Principals Foundation

Analysis

National Assoc of Elementary School Principals Foundation is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, National Assoc of Elementary School Principals Foundation reported income of $354k and spending of $567k, spending 160% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $489k to $354k (-28%), an average of -7.8% a year. The sharpest change came in the year to June 2021, when income rose by 147%. Over the whole period it spent 69% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, National Assoc of Elementary School Principals Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within VA. Charities of a similar size with the same main cause include National Collaborative for Digital Equity ($354k), Springfield Project ($354k) and Cape Charles Va Main Street Inc ($354k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 0.6% of the total. Other salaries and wages came to $83k. At year end it held assets of $1.1m against liabilities of $245k, net assets of $809k.