Nasig

Analysis

Nasig is a registered charity in United States, based in West Seneca, NY. It received its IRS tax-exemption ruling in March 1989, 37 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nasig reported income of $134k and spending of $200k, spending 150% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $210k to $134k (-36%), an average of -8.6% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 117% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nasig sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Radiant Authentic Resilient Equipped Pearls ($134k), Twenty Cultured Pearls Foundation ($134k) and Ludlow-Taylor PTO ($134k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 94% of the total. At year end it held assets of $237k against liabilities of $0, net assets of $237k.