Birds Nest Foundation Inc

Analysis

Birds Nest Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2010, 16 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, Birds Nest Foundation Inc reported income of $170k and spending of $214k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $290k to $170k (-41%), an average of -12% a year. The sharpest change came in the year to December 2023, when income rose by 250%. Over the whole period it spent 168% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Birds Nest Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include Vietnamese American Youth Alliance Corp ($170k), Santa Maddalena Foundation Inc ($170k) and Artists and Athletes Alliance ($170k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $52k. At year end it held assets of $425k against liabilities of $3,962, net assets of $421k. It reported 1 employees.

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.