Nlea Inc

Analysis

Nlea Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2007, 19 years ago. 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, Nlea Inc reported income of $201k and spending of $200k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $184k to $201k (+9.4%), an average of +9.4% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nlea Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Sheetmetal Workers Local 218s Apprentice Training & Developement ($201k), Ezzycares Foundation Inc ($201k) and Road Runners Club of America ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. At year end it held assets of $48k against liabilities of $3,278, net assets of $45k.