Nasf Foundation

Analysis

Nasf Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 1964, 62 years ago. 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, Nasf Foundation reported income of $584k and spending of $534k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $685k to $584k (-15%), an average of -3.9% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nasf Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 46th percentile within DC. Charities of a similar size with the same main cause include Bellingham Symphony Orchestra ($584k), Canaan Baptist Housing Corporation ($584k) and Smith-Keys Village Inc ($584k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 74% of the total. At year end it held assets of $1.9m against liabilities of $4,158, net assets of $1.9m.