Nobel Prize Education Fund

Analysis

Nobel Prize Education Fund is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2008, 18 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, Nobel Prize Education Fund reported income of $683k and spending of $723k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $269k to $683k (+154%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 280%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nobel Prize Education Fund sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 48th percentile within DC. Charities of a similar size with the same main cause include Black Achievers Inc ($683k), Joint Apprentice & Journeyman Education Fund ($683k) and Kerrville Public School Foundation ($683k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $766k against liabilities of $0, net assets of $766k.