Northwest Education Alliance Foundation Inc

Analysis

Northwest Education Alliance Foundation Inc is a registered charity in United States, based in N Wilkesboro, NC. It received its IRS tax-exemption ruling in April 2018, 8 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 June 2023, Northwest Education Alliance Foundation Inc reported income of $216k and spending of $242k, spending 112% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $265k to $216k (-19%), an average of -6.6% a year. The sharpest change came in the year to June 2021, when income dropped by 20%. Over the whole period it spent 123% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northwest Education Alliance Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within NC. Charities of a similar size with the same main cause include Communities in Schools of Milledgeville-Baldwin County Inc ($216k), Auburn Band Boosters Association ($216k) and Butler Foundation ($216k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $119k. At year end it held assets of $400k against liabilities of $0, net assets of $400k. It reported 3 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.