National Association of State Directors of Adult Education Inc

Analysis

National Association of State Directors of Adult Education Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in December 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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, National Association of State Directors of Adult Education Inc reported income of $422k and spending of $315k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $353k to $422k (+20%), an average of +4.6% a year. The sharpest change came in the year to June 2020, when income rose by 15%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National Association of State Directors of Adult Education Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MD. Charities of a similar size with the same main cause include Newaygo Child Development Center - Croton ($422k), Alabama Justice Initiative ($422k) and Dyslexia Reading Connection Inc ($422k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 7.5% of the total. Compensation of current officers, directors and key employees was $123k (39% of expenses). At year end it held assets of $1.3m against liabilities of $86k, net assets of $1.2m.