Niquan Global Foundation Inc

Analysis

Niquan Global Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Niquan Global Foundation Inc reported income of $99k and spending of $200k, spending 202% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $282k to $99k (-65%), an average of -41% a year. The sharpest change came in the year to December 2022, when income dropped by 62%. Over the whole period it spent 140% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Niquan Global Foundation Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 18th percentile within DC. Charities of a similar size with the same main cause include Northern High School Athletic Booster Club Inc ($99k), Academy of Medicine of Queens County Inc ($99k) and Navy Elementary School PTO ($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 $319 against liabilities of $590k, net assets of -$590k.

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.