Nicolet National Foundation Inc

Analysis

Nicolet National Foundation Inc is a registered charity in United States, based in Green Bay, WI. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Nicolet National Foundation Inc reported income of $602k and spending of $316k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $362k to $602k (+66%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Nicolet National Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within WI. Charities of a similar size with the same main cause include Wayzata Sailing Foundation ($602k), Fond du Lac Area United Way Inc ($602k) and Boulder Rotary Club Foundation Inc ($602k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 112% of the total. At year end it held assets of $2.0m against liabilities of $288k, net assets of $1.8m.