Nufdi Fund Inc

Analysis

Nufdi Fund Inc is a registered charity in United States, based in Potomac, MD. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Nufdi Fund Inc reported income of $1.0m and spending of $959k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $2.6m to $1.0m (-61%), an average of -61% a year. The sharpest change came in the year to December 2023, when income dropped by 61%. Over the whole period it spent 41% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Nufdi Fund Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MD. Charities of a similar size with the same main cause include Jubilee USA Network Inc ($1.0m), Global Outreach Fund Inc ($1.0m) and Bliss & Wisdom Charitable Organization ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $407k. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.