National Postsecondary Strategy Institute
Analysis
National Postsecondary Strategy Institute is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Postsecondary Strategy Institute reported income of $1.2m and spending of $1.0m, spending 86% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $634k to $1.2m (+92%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 60%. Over the whole period it spent 88% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, National Postsecondary Strategy Institute 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 IL. Charities of a similar size with the same main cause include The Memorial Health Care Foundation ($1.2m), St Timothy Christian Academy ($1.2m) and Friends of Hatikvah International Academy Charter School Inc ($1.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $55k (5.3% of expenses). Other salaries and wages came to $207k. At year end it held assets of $549k against liabilities of $178k, net assets of $371k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 41%
- Program services 59%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Memorial Health Care Foundation | Owosso | $1.2m |
| St Timothy Christian Academy | Plano | $1.2m |
| Friends of Hatikvah International Academy Charter School Inc | New York | $1.2m |
| Free Alas | New Orleans | $1.2m |