Natural Refrigeration Foundation

Analysis

Natural Refrigeration Foundation is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in February 2008, 18 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 June 2023, Natural Refrigeration Foundation reported income of $424k and spending of $167k, leaving 61% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.2m to $424k (-66%), an average of -24% a year. The sharpest change came in the year to June 2020, when income dropped by 55%. Over the whole period it spent 42% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Natural Refrigeration Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within VA. Charities of a similar size with the same main cause include Hamilton Aquatic Club Inc ($424k), South Carolina Workmens Compensation Educational Associati ($424k) and Poway Unified School District Foundation ($424k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $4.1m against liabilities of $52k, net assets of $4.0m.