Nvna Foundation Inc

Analysis

Nvna Foundation Inc is a registered charity in United States, based in Norwell, MA. It received its IRS tax-exemption ruling in April 2013, 13 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nvna Foundation Inc reported income of $1.2m and spending of $193k, leaving 84% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.2m (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2021, when income rose by 127%. Over the whole period it spent 11% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nvna Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include Society for Reproductive Investigation ($1.2m), United Ambulance Bridgton ($1.2m) and Georgetown County Alcohol and Drug Abuse Commission ($1.2m).

At year end it held assets of $31.2m against liabilities of $51k, net assets of $31.1m.