The Nassau Foundation Inc

Analysis

The Nassau Foundation Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in December 1989, 37 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, The Nassau Foundation Inc reported income of $264k and spending of $306k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $292k to $264k (-9.4%), an average of -2.4% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Nassau Foundation Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 66th percentile within NJ. Charities of a similar size with the same main cause include Lutheran Housing Corporation of Central Indiana ($264k), Piedmont Baseball Foundation ($264k) and Music Mends Minds Inc ($264k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. Other salaries and wages came to $84k. At year end it held assets of $551k against liabilities of $1,667, net assets of $549k. It reported 5 employees.