The Nasw Foundation Inc

Analysis

The Nasw Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Nasw Foundation Inc reported income of $2.5m and spending of $2.0m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $2.5m (+77%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 77%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Nasw Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 70th percentile within DC. Charities of a similar size with the same main cause include Grand Rapids Public Museum Foundation ($2.5m), Utah Arts Alliance ($2.5m) and Tallahassee Museum of History and Natural Science Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 0.3% of the total. Other salaries and wages came to $606k. At year end it held assets of $4.8m against liabilities of $683k, net assets of $4.1m.