Rudolph & Florence Nadbath Charitable Trust

Analysis

Rudolph & Florence Nadbath Charitable Trust is a registered charity in United States, based in Danville, CA. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rudolph & Florence Nadbath Charitable Trust reported income of $107k and spending of $232k, spending 216% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $314k to $107k (-66%), an average of -24% a year. The sharpest change came in the year to December 2023, when income rose by 2190%. Over the whole period it spent 204% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rudolph & Florence Nadbath Charitable Trust sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Friends Foundation of the Ridewood Public Library ($107k), American University Central Asia Foundation ($107k) and Arvada West High School Foundation ($107k).

Compensation of current officers, directors and key employees was $27k (11% of expenses). At year end it held assets of $4.0m against liabilities of $0, net assets of $4.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.