Nomad Foundation

Analysis

Nomad Foundation is a registered charity in United States, based in Ojai, CA. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Nomad Foundation reported income of $99k and spending of $77k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $99k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 101% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Nomad Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Japan America Society of Iowa ($99k), Sister Cities of Newport News Inc ($99k) and Touch a Community Foundation ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $255k against liabilities of $0, net assets of $255k.