Nicaragua Christian Education Foundation

Analysis

Nicaragua Christian Education Foundation is a registered charity in United States, based in Highland, IL. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Nicaragua Christian Education Foundation reported income of $60k and spending of $109k, spending 181% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $381k to $60k (-84%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 70%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Nicaragua Christian Education Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within IL. Charities of a similar size with the same main cause include 911 Circle Wind Memorial Concert Corp ($60k), Orthoalliance Employee Assistance Foundation ($60k) and Pitney Bowes Relief Fund Inc ($60k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $300k against liabilities of $0, net assets of $300k.