National Student Exchange Inc

Analysis

National Student Exchange Inc is a registered charity in United States, based in Ames, IA. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, National Student Exchange Inc reported income of $315k and spending of $439k, spending 139% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $511k to $315k (-38%), an average of -15% a year. The sharpest change came in the year to June 2023, when income dropped by 34%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, National Student Exchange Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within IA. Charities of a similar size with the same main cause include Marys Home Maryland Inc ($315k), Good Samaritan Medical Clinic ($315k) and Bloomington Meals on Wheels Inc ($315k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 121% of the total. Compensation of current officers, directors and key employees was $187k (43% of expenses). Other salaries and wages came to $43k. At year end it held assets of $1.2m against liabilities of $150k, net assets of $1.1m. It reported 3 employees.