National Charter Collaborative

Analysis

National Charter Collaborative is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 2016, 10 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 Charter Collaborative reported income of $1.2m and spending of $1.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $888k to $1.2m (+37%), an average of +8.3% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National Charter Collaborative sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within WA. Charities of a similar size with the same main cause include Student Engineers Council ($1.2m), Classical Christian Academy ($1.2m) and Armadillo Community Charter School ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $204k (17% of expenses). Other salaries and wages came to $308k. At year end it held assets of $1.6m against liabilities of $480k, net assets of $1.1m. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.