Nergg Inc

Analysis

Nergg Inc is a registered charity in United States, based in Concord, NH. It received its IRS tax-exemption ruling in December 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Nergg Inc reported income of $115k and spending of $81k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $38k to $115k (+200%), an average of +200% a year. The sharpest change came in the year to December 2023, when income rose by 200%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Nergg Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within NH. Charities of a similar size with the same main cause include Berea Youth Football Foundation ($115k), Guaranty Foundation ($115k) and Functional Neurological Disorder Society Inc ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 97% of the total. At year end it held assets of $128k against liabilities of $1,904, net assets of $126k.