Near East South Asia Council of Overseas Schools
Analysis
Near East South Asia Council of Overseas Schools is a registered charity in United States, based in Greece. It received its IRS tax-exemption ruling in November 1981, 45 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).
In the financial year ending June 2024, Near East South Asia Council of Overseas Schools reported income of $1.9m and spending of $1.6m, spending 85% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $2.5m to $1.9m (-24%), an average of -5.3% a year. The sharpest change came in the year to June 2023, when income rose by 109%. Over the whole period it spent 100% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Near East South Asia Council of Overseas Schools sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 85th percentile. Charities of a similar size with the same main cause include Resource & Policy Exchange Inc ($1.9m), Working Capital for Community Needs Inc ($1.9m) and Justice Defenders ($1.9m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 61% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $286k (18% of expenses). Other salaries and wages came to $256k. At year end it held assets of $2.5m against liabilities of $672k, net assets of $1.8m. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 61%
- Program services 34%
- Other 5.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Resource & Policy Exchange Inc | Delhi | $1.9m |
| Working Capital for Community Needs Inc | Madison | $1.9m |
| Justice Defenders | Claymont | $1.9m |
| Exile International Inc | Nashville | $1.9m |