Uta Jerome Nerman Family Foundation

Analysis

Uta Jerome Nerman Family Foundation is a registered charity in United States, based in Altamonte SPG, FL. It received its IRS tax-exemption ruling in February 2005, 21 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 December 2023, Uta Jerome Nerman Family Foundation reported income of $86k and spending of $66k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $97k to $86k (-12%), an average of -12% a year. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Uta Jerome Nerman Family Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 36th percentile within FL. Charities of a similar size with the same main cause include Dereck Whittenburg Foundation ($86k), Bel Aire Park Family Faculty Club ($86k) and Ultimate Gymnastics of Branson Booster Club Inc ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $390k against liabilities of $0, net assets of $390k.