Nase Foundation Inc

Analysis

Nase Foundation Inc is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in March 2012, 14 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 December 2023, Nase Foundation Inc reported income of $195k and spending of $129k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $139k to $195k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nase Foundation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Roosevelt Elementary Educational Foundation ($195k), Knowledge Speaks ($195k) and Lambda Theta Nu Sorority ($195k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $115k against liabilities of $270, net assets of $114k.