Nazareth Family Foundation

Analysis

Nazareth Family Foundation is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Nazareth Family Foundation reported income of $647k and spending of $995k, spending 154% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $460k to $647k (+41%), an average of +8.9% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 173% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nazareth Family Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include Hockey Helps Inc ($647k), Special Friends Foundation ($647k) and Long Beach Christian Day Care Center ($647k).

At year end it held assets of $29.6m against liabilities of $0, net assets of $29.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.