Sonia Nabeta Foundation

Analysis

Sonia Nabeta Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2016, 10 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 December 2022, Sonia Nabeta Foundation reported income of $1.0m and spending of $576k, leaving 45% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $709k to $1.0m (+47%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 44% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Sonia Nabeta Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Colorado Haiti Project Inc ($1.0m), Missions Unlimited ($1.0m) and Project Manana ($1.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $150k (26% of expenses). At year end it held assets of $2.0m against liabilities of $1,210, net assets of $2.0m. It reported 1 employees.