National Technical Honor Society

Analysis

National Technical Honor Society is a registered charity in United States, based in Flat Rock, NC. It received its IRS tax-exemption ruling in February 1986, 40 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2023, National Technical Honor Society reported income of $2.2m and spending of $1.9m, spending 85% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $2.1m to $2.2m (+8.2%), an average of +2.0% a year. The sharpest change came in the year to July 2022, when income rose by 17%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National Technical Honor Society sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within NC. Charities of a similar size with the same main cause include Semilla Project ($2.2m), Bayer Private School ($2.2m) and Families Forward Learning Center ($2.2m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 0.5% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $274k (14% of expenses). Other salaries and wages came to $604k. At year end it held assets of $4.0m against liabilities of $148k, net assets of $3.8m. It reported 19 employees.