Nest Alliance

Analysis

Nest Alliance is a registered charity in United States, based in W Jefferson, NC. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Nest Alliance reported income of $57k and spending of $48k, spending 84% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $78k to $57k (-28%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nest Alliance sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within NC. Charities of a similar size with the same main cause include Lake Winds Apartments Inc ($57k), Personal Energy Transportation of Texas Inc ($57k) and Women and Families Facilities Fund ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $384k against liabilities of $0, net assets of $384k.