Nasim Foundation

Analysis

Nasim Foundation is a registered charity in United States, based in Allen, TX. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2022, Nasim Foundation reported income of $372k and spending of $322k, spending 86% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $170k to $372k (+120%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 135%. Over the whole period it spent 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Nasim Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Kings Kids Africa ($372k), World Affairs Council of Montana ($373k) and Brightstart Learning Inc ($372k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $254k against liabilities of $0, net assets of $254k.