Nova 94 Feet Inc

Analysis

Nova 94 Feet Inc is a registered charity in United States, based in Herndon, VA. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Nova 94 Feet Inc reported income of $598k and spending of $649k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $433k to $598k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 100%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Nova 94 Feet Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within VA. Charities of a similar size with the same main cause include Greater Bridgeport Junior Hockey Association Inc ($598k), 2nd & 7 Foundation ($598k) and Maryland Gymnastics Inc ($598k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 98% of the total. Other salaries and wages came to $104k. At year end it held assets of $51k against liabilities of $0, net assets of $51k.