National Student Clearinghouse
National Student Clearinghouse reported $105.7 million in revenue and $100.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $68.85 went to program services, $31.15 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 96.5% of the total. The highest compensation it reported for one person was $1,280,202 (PRESIDENT AND CEO). 230 people received more than $100,000 in reportable compensation. Revenue rose 59% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $101MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $106MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 68.9% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 31.1% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 96.5% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $1,280,202 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.27% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 230 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 2.4 | 13.3 |
| Independent voting board members Part VI 1a–1b | 12 of 12 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseEducation data exchange services - see schedule oeducation data exchange services: on behalf of participating post-secondary institutions, National Student Clearinghouse provides a central authenticated data exchange platform among participating educational institutions to meet their collective need for the secure and confidential transfer and access to academic data. National Student Clearinghouse provides a transcript ordering platform, which is available to all participating institutions, which processed orders for over 6.8 million transcripts from the institution's students to: 1) other…
Research services - see schedule oon behalf of participating post-secondary institutions, National Student Clearinghouse is authorized to maintain a database of the college enrollment and degree data for approximately 3,500 participating colleges and universities which enables administrators at high schools, colleges and universities, and other education organizations to access student data to perform educational research and analyses. Research services also performs analysis on these data based on customer-defined requirements to further the assessments made regarding the success of various…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT AND CEO Officer, 40.00 hrs/week | $1,213,832 | $0 | $66,370 | $1,280,202 |
| VP & CHIEF INFORMATION OFFICER Officer, 40.00 hrs/week | $590,384 | $0 | $60,507 | $650,891 |
| CHIEF GROWTH OFFICER Officer, 40.00 hrs/week | $548,222 | $0 | $66,549 | $614,771 |
| VP & CHIEF LEGAL OFC, CORP SEC Officer, 35.00 hrs/week | $486,034 | $0 | $37,053 | $523,087 |
| CHIEF PEOPLE OFFICER Officer, 40.00 hrs/week | $417,028 | $0 | $33,530 | $450,558 |
| EXEC DIRECTOR CISO Highest compensated employee, 40.00 hrs/week | $386,453 | $0 | $59,508 | $445,961 |
| VP, INDUSTRY & WORKFORCE SERV Officer, 40.00 hrs/week | $389,905 | $0 | $51,290 | $441,195 |
| CHIEF DATA OFFICER Officer, 40.00 hrs/week | $364,687 | $0 | $55,649 | $420,336 |
230 people received more than $100,000 in reportable compensation from National Student Clearinghouse (Part VII, line 2). Compensation of current officers, directors and key employees totaled $5.8M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b12 · 12 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5406
- Volunteers Part I, line 612
Private foundation grants it received
2 private foundations reported grants to National Student Clearinghouse totaling $2.5M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from National Student Clearinghouse's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for National Student Clearinghouse, you can publish a response that is linked from this page.
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Of every $100 National Student Clearinghouse spent in FY2025, $68.85 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of National Student Clearinghouse's spending goes to programs?
In the fiscal year ending June 30, 2025, National Student Clearinghouse reported that 68.9% of its $100.6 million in expenses went to program services, 31.1% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does National Student Clearinghouse pay its top executive?
The largest total compensation National Student Clearinghouse reported for one person in the fiscal year ending June 30, 2025 was $1,280,202, for the role of PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does National Student Clearinghouse get its money?
Of $105.7 million in revenue in the fiscal year ending June 30, 2025, 0.0% came from contributions and grants and 96.5% from program service revenue (Form 990, Part VIII).
Is National Student Clearinghouse a registered charity?
The IRS lists EIN 52-1836384 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621359349304262 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531579349301208 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202422539349300942 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341319349302369 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231189349302128 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121239349302457 · read the filing
All filings for EIN 52-1836384: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.