Nus America Foundation Inc

Analysis

Nus America Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 March 2023, Nus America Foundation Inc reported income of $2.8m and spending of $2.9m, spending 102% of its income. Across the 5 years on record, from March 2019 to March 2023, income fell from $3.3m to $2.8m (-15%), an average of -3.9% a year. The sharpest change came in the year to March 2021, when income rose by 132%. Over the whole period it spent 114% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nus America Foundation Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Stuart Hall School Foundation ($2.8m), Laurel Tree Charter School ($2.8m) and Communities in Schools of Hampton Roads ($2.8m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $6,972 against liabilities of $0, net assets of $6,972.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.