National Association for the Exchange of Industrial Resources I
560 McClure St, Galesburg, IL · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $103,631,099 | $76,333,886 | $124,970,696 |
| FY2024 | $87,199,685 | $87,961,673 | $97,565,078 |
| FY2023 | $99,845,996 | $94,849,251 | $98,076,928 |
| FY2022 | $83,302,169 | $106,243,954 | $92,908,331 |
| FY2021 | $95,587,664 | $97,026,173 | $116,096,666 |
| FY2020 | $81,678,378 | $109,743,450 | $117,198,746 |
| FY2019 | $108,825,558 | $100,197,701 | $145,161,465 |
| FY2018 | $109,212,447 | $107,739,471 | $136,487,971 |
| FY2017 | $89,811,494 | $90,133,487 | $134,928,369 |
| FY2016 | $84,698,064 | $108,149,319 | $135,167,884 |
| FY2015 | $78,324,007 | $106,609,260 | $158,629,558 |
| FY2014 | $55,998,314 | $68,229,295 | $186,898,361 |
| FY2013 | $86,007,770 | $63,684,193 | $199,026,817 |
| FY2012 | $87,994,677 | $95,980,178 | $176,571,180 |
Form 990 filings
The returns filed by National Association for the Exchange of Industrial Resources I (EIN 36-2906866), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $97,201,733 | 94% |
| Program service revenue | $6,419,392 | 6% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $74,847,216 | 98% |
| Management & general | $587,694 | 1% |
| Fundraising | $898,976 | 1% |
What the numbers show
- Contributions & grants made up 94% of total revenue in FY2025.
- Program services accounted for 98% of functional expenses, management & general 1%, and fundraising 1%.
- 98% of functional expenses went to program services in FY2025. That is higher than 95.2% of 21 Community Improvement & Capacity Building organizations in IL.
- Net assets covered about 19.6 months of expenses at the end of the reporting year. That puts it in the 61st percentile among 977 Community Improvement & Capacity Building organizations in IL.
- Total revenue was the highest among 1006 Community Improvement & Capacity Building organizations in IL.
- Total revenue rose from $87,994,677 in FY2012 to $103,631,099 in FY2025. Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 9 of 14 reported years (FY2012, FY2014, FY2015, FY2016, FY2017, FY2020, FY2021, FY2022, FY2024).
- The highest revenue on record here is $109,212,447 in FY2018.
- Net assets declined from $176,571,180 to $124,970,696 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO OBTAIN, CATALOG, AND REDISTRIBUTE DONATED INVENTORY UNDER IRC SECTION 170(E)(3).
IRS status
| Ruling year | 1977 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | S030 — Community Improvement & Capacity Building |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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