Navajo Technical College

Analysis

Navajo Technical College is a registered charity in United States, based in Crownpoint, NM. It received its IRS tax-exemption ruling in April 1984, 42 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Navajo Technical College reported income of $48.5m and spending of $42.8m, spending 88% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $36.1m to $48.5m (+34%), an average of +7.7% a year. The sharpest change came in the year to May 2021, when income rose by 44%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Navajo Technical College sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NM. Charities of a similar size with the same main cause include Milken Community School ($48.4m), Food Bank of South Jersey Inc ($48.6m) and Ironton & Lawrence County Area Community Action Organization ($48.2m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 97% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $230k (0.5% of expenses). Other salaries and wages came to $14.4m. At year end it held assets of $120.4m against liabilities of $42.8m, net assets of $77.6m. It reported 511 employees.