Nabe Foundation of the National Association for Business Economics

Analysis

Nabe Foundation of the National Association for Business Economics is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nabe Foundation of the National Association for Business Economics reported income of $446k and spending of $327k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $310k to $446k (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nabe Foundation of the National Association for Business Economics sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 41st percentile within DC. Charities of a similar size with the same main cause include Innovation Ohio Education Fund ($446k), Padua Franciscan High School Endowment Trust ($446k) and Latinas First Foundation ($446k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 16% of the total. At year end it held assets of $2.0m against liabilities of $82k, net assets of $1.9m.