National Institute for Learning Development Inc

Analysis

National Institute for Learning Development Inc is a registered charity in United States, based in Suffolk, VA. It received its IRS tax-exemption ruling in September 1990, 36 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 August 2023, National Institute for Learning Development Inc reported income of $1.2m and spending of $1.2m, spending 101% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $891k to $1.2m (+32%), an average of +7.1% a year. The sharpest change came in the year to August 2020, when income rose by 33%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Institute for Learning Development Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within VA. Charities of a similar size with the same main cause include Open Aid Alliance ($1.2m), Hillel the Foundation for Jewish Campus Life ($1.2m) and Safehouse Services ($1.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 6.4% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $143k (12% of expenses). Other salaries and wages came to $365k. At year end it held assets of $2.2m against liabilities of $147k, net assets of $2.1m. It reported 21 employees.