Nalls Foundation Inc

Analysis

Nalls Foundation Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nalls Foundation Inc reported income of $185k and spending of $215k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $193k to $185k (-4.6%), an average of -1.2% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nalls Foundation 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 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Inexcelsis Inc ($184k), Tender Loving Care Child Care ($185k) and Klahanie School ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $1,600 (0.7% of expenses). At year end it held assets of $22k against liabilities of $183k, net assets of -$161k. It reported 1 employees.