Nirs Research and Education Fund

Analysis

Nirs Research and Education Fund is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 2009, 17 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, Nirs Research and Education Fund reported income of $1.0m and spending of $1.1m, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.6m to $1.0m (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nirs Research and Education Fund sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 55th percentile within DC. Charities of a similar size with the same main cause include Tippecanoe County Council on Aging Inc ($1.0m), We R Hope ($1.0m) and Angie Edwards Residential Services ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $229k (20% of expenses). Other salaries and wages came to $279k. At year end it held assets of $1.0m against liabilities of $518k, net assets of $501k. It reported 4 employees.