Nashua Education Foundation

Analysis

Nashua Education Foundation is a registered charity in United States, based in Nashua, NH. It received its IRS tax-exemption ruling in August 2010, 16 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 June 2024, Nashua Education Foundation reported income of $114k and spending of $50k, leaving 56% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $96k to $114k (+19%), an average of +19% a year. The sharpest change came in the year to June 2024, when income rose by 19%. Over the whole period it spent 38% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nashua Education Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within NH. Charities of a similar size with the same main cause include Wee Care in Lake City ($114k), Echoes of Emma Inc ($114k) and African Centres for Lightning and Electromagnetics Network Inc ($114k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 96% of the total. At year end it held assets of $410k against liabilities of $0, net assets of $410k.