NCSL Foundation for State Legislatures

Analysis

NCSL Foundation for State Legislatures is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in October 1982, 44 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, NCSL Foundation for State Legislatures reported income of $7.9m and spending of $8.5m, spending 107% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.2m to $7.9m (+86%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 68%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, NCSL Foundation for State Legislatures sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CO. Charities of a similar size with the same main cause include Intensive Education Academy Inc ($7.9m), Boys and Girls Clubs of Metro South Inc ($7.9m) and House of Hope ($7.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $36k (0.4% of expenses). Other salaries and wages came to $494k. At year end it held assets of $2.0m against liabilities of $475k, net assets of $1.5m.