National Association of State Procurement Officials

Analysis

National Association of State Procurement Officials is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in February 1994, 32 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 December 2023, National Association of State Procurement Officials reported income of $34.7m and spending of $24.3m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $21.1m to $34.7m (+65%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 62% 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 Procurement Officials 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 98th percentile, and in the 98th percentile within KY. Charities of a similar size with the same main cause include Asbury Theological Seminary ($34.6m), South Bay Workforce Investment Board Inc ($34.7m) and Washburn University Foundation ($34.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 91% of the total. Compensation of current officers, directors and key employees was $2.2m (9.0% of expenses). Other salaries and wages came to $6.6m. At year end it held assets of $154.3m against liabilities of $6.1m, net assets of $148.2m. It reported 103 employees.