National College Resources Foundation

Analysis

National College Resources Foundation is a registered charity in United States, based in Walnut, CA. It received its IRS tax-exemption ruling in January 2005, 21 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 December 2023, National College Resources Foundation reported income of $6.5m and spending of $7.4m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $6.5m (+167%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National College Resources Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Los Angeles City College Foundation ($6.5m), Johnson County Community College Foundation ($6.5m) and The Covenant Preparatory School ($6.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $291k (3.9% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $1.5m against liabilities of $1.4m, net assets of $57k. It reported 174 employees.