National Association of Corporate Directors

Analysis

National Association of Corporate Directors is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in November 2003, 23 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 December 2023, National Association of Corporate Directors reported income of $185k and spending of $180k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $139k to $185k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 105% 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 Corporate Directors sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NC. Charities of a similar size with the same main cause include Looma Education Corporation ($185k), Seeqs Foundation ($185k) and Freedom Readers Inc ($185k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 9.7% of the total. At year end it held assets of $376k against liabilities of $21k, net assets of $355k.