Nasw Foundation

Analysis

Nasw Foundation is a registered charity in United States, based in Cape May, NJ. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Nasw Foundation reported income of $1.8m and spending of $812k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $690k to $1.8m (+161%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 85%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nasw Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Tia Chuchas Centro Cultural Inc ($1.8m), Workingfilms Inc ($1.8m) and Synergia - Initiatives for Human Rights ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 32% of the total. Other salaries and wages came to $340k. At year end it held assets of $6.3m against liabilities of $153k, net assets of $6.2m. It reported 18 employees.