Negev Foundation

Analysis

Negev Foundation is a registered charity in United States, based in South Euclid, OH. It received its IRS tax-exemption ruling in November 1992, 34 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 September 2023, Negev Foundation reported income of $730k and spending of $1.1m, spending 146% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $461k to $730k (+58%), an average of +12% a year. The sharpest change came in the year to September 2020, when income rose by 24%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Negev Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within OH. Charities of a similar size with the same main cause include Kav L Noar Foundation ($729k), KBC Ministries Inc ($730k) and Especially the Family ($729k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $531k (50% of expenses). Other salaries and wages came to $104k. At year end it held assets of $1.4m against liabilities of $13k, net assets of $1.4m. It reported 3 employees.