The Nia Foundation Incorporated
Analysis
The Nia Foundation Incorporated is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, The Nia Foundation Incorporated reported income of $588k and spending of $435k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $237k to $588k (+149%), an average of +149% a year. The sharpest change came in the year to December 2023, when income rose by 149%. Over the whole period it spent 81% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, The Nia Foundation Incorporated sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include New Mexico Association for the Education of Young Children ($588k), Ocean Breeze School Inc ($589k) and Westwood Montessori School Inc ($588k).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $157k against liabilities of $0, net assets of $157k.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| New Mexico Association for the Education of Young Children | Albuquerque | $588k |
| Ocean Breeze School Inc | Marblehead | $589k |
| Westwood Montessori School Inc | Westwood | $588k |
| Heart for Children Inc | Tomball | $589k |