Investnest Inc

Analysis

Investnest Inc is a registered charity in United States, based in Heber City, UT. It received its IRS tax-exemption ruling in February 2021, 5 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, Investnest Inc reported income of $113k and spending of $116k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $105k to $113k (+8.3%), an average of +8.3% a year. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Investnest Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within UT. Charities of a similar size with the same main cause include Sound Business Inc ($113k), New Caney Isd Education Foundation Inc ($113k) and Kendrick Juliaetta & 7 Ridges Education Foundation Inc ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.