Nak Union

Analysis

Nak Union is a registered charity in United States, based in Fairburn, GA. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Nak Union reported income of $802k and spending of $534k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $802k (+1077%), an average of +1077% a year. The sharpest change came in the year to December 2023, when income rose by 1077%. Over the whole period it spent 72% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Nak Union sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within GA. Charities of a similar size with the same main cause include Forgotten Angels Foundation ($802k), Winslow Village II Inc ($802k) and Allapattah Community Housing Inc ($801k).

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 $31k against liabilities of $0, net assets of $31k. It reported 1 employees.