National Academy of Human Resources Foundation

Analysis

National Academy of Human Resources Foundation is a registered charity in United States, based in Sag Harbor, NY. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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 Academy of Human Resources Foundation reported income of $916k and spending of $733k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $567k to $916k (+61%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 186%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Academy of Human Resources Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Midland Odessa Symphony and Chorale Inc ($916k), Monroe Arts Center Inc ($916k) and Piney Woods Fine Arts Association ($916k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $171k (23% of expenses). Other salaries and wages came to $46k. At year end it held assets of $4.2m against liabilities of $83k, net assets of $4.1m. It reported 3 employees.