National Association of Independent Colleges & Universities is a 501(c)(3) organization based in Washington, District of Columbia, registered in 1976, with $8,263,475 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$8.3M
▲ 7.7% vs prior year
Expenses (FY2024)
$7.8M
Net assets
$13.9M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for National Association of Independent Colleges & Universities— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For National Association of Independent Colleges & Universities: 21 mo reserves · +5% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for National Association of Independent Colleges & Universities— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For National Association of Independent Colleges & Universities: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $6.1M (FY2013) to $8.3M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
5.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$18.1M
Total liabilities
$4.2M
Net assets
$13.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $8,263,475▲7.7% | $7,813,754▲1.9% | $13,913,179▲6.1% | $18,108,310▼1.5% | 990 |
| 2023 | $7,676,205▼7.4% | $7,670,351▲7.3% | $13,109,741▲5.5% | $18,386,027▲2.8% | 990 |
| 2022 | $8,293,578▼0.2% | $7,151,317▲3.4% | $12,422,457▲13.9% | $17,892,473▲20.3% | 990 |
| 2021 | $8,313,194▲8.7% | $6,918,794▲11.8% | $10,902,024▲1.4% | $14,871,589▼3.9% | 990 |
| 2020 | $7,647,704▲5.0% | $6,187,183▼7.4% | $10,756,481▲37.6% | $15,482,036▲40.1% | 990 |
| 2019 | $7,283,866▲5.0% | $6,680,706▼2.7% | $7,816,832▲5.1% | $11,053,551▲17.6% | 990 |
| 2018 | $6,934,088▲1.1% | $6,867,405▲5.7% | $7,435,092▲2.2% | $9,395,676▼5.9% | 990 |
| 2017 | $6,858,096▲4.0% | $6,496,987▲3.8% | $7,272,675▲7.1% | $9,979,533▲7.6% | 990 |
| 2016 | $6,595,955▲1.4% | $6,257,023▲2.4% | $6,791,596▲12.9% | $9,275,106▲9.2% | 990 |
| 2015 | $6,506,782▲0.4% | $6,110,616▲3.4% | $6,013,826▼2.8% | $8,493,813▼1.0% | 990 |
| 2014 | $6,479,547▲7.0% | $5,907,711▲6.8% | $6,184,856▲5.3% | $8,579,547▲3.2% | 990 |
| 2013 | $6,053,492 | $5,530,919▼1.6% | $5,871,942▲25.4% | $8,313,947▲21.6% | 990 |
| 2012 | — | $5,621,297▲6.1% | $4,682,665▲16.8% | $6,835,459▲4.0% | 990 |
| 2011 | — | $5,298,761▲0.8% | $4,008,645▲1.0% | $6,571,649▲3.6% | 990 |
| 2010 | — | $5,258,750 | $3,969,203 | $6,344,319 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
3 grants to National Association of Independent Colleges & Universities totaling $19K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Benedictine College | General support | 2021 | $6,402 |
| Benedictine College | General support | 2020 | $6,402 |
| Benedictine College | General support | 2020 | $6,402 |
Explore more
Data for National Association of Independent Colleges & Universities (EIN 52-1125164) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.