Nasbite Intl Inc

Analysis

Nasbite Intl Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Nasbite Intl Inc reported income of $233k and spending of $214k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $283k to $233k (-18%), an average of -4.8% a year. The sharpest change came in the year to June 2021, when income rose by 35%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nasbite Intl Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Tashma Inc ($233k), Fundacion Antilles Inc ($233k) and Craven County Partners in Education Inc ($232k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. At year end it held assets of $359k against liabilities of $5,416, net assets of $354k.