Nuclear Innovation Alliance

Analysis

Nuclear Innovation Alliance is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Nuclear Innovation Alliance reported income of $2.0m and spending of $1.5m, leaving 28% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $789k to $2.0m (+159%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 316%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nuclear Innovation Alliance sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 67th percentile within DC. Charities of a similar size with the same main cause include Tamarack Waldorf School Inc ($2.0m), South Carolina First Steps to School Readiness Board of Trustees ($2.0m) and Evergreen Community Charter School ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $288k (20% of expenses). Other salaries and wages came to $426k. At year end it held assets of $2.4m against liabilities of $38k, net assets of $2.4m. It reported 8 employees.