Nvna Works Inc

Analysis

Nvna Works Inc is a registered charity in United States, based in Norwell, MA. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Nvna Works Inc reported income of $1.3m and spending of $1.3m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.2m to $1.3m (-38%), an average of -11% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nvna Works Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include International Society for Children with Cancer ($1.3m), Foundation of Monongalia General Hospital Inc ($1.4m) and Pregnancy Resources and Medical Clinic of North Texas Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $760k. At year end it held assets of $1.4m against liabilities of $35k, net assets of $1.4m. It reported 46 employees.