National Nordic Foundation

Analysis

National Nordic Foundation is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 April 2023, National Nordic Foundation reported income of $352k and spending of $485k, spending 138% of what it took in. Across the 4 years on record, from April 2019 to April 2023, income grew from $251k to $352k (+40%), an average of +12% a year. The sharpest change came in the year to April 2022, when income rose by 270%. Over the whole period it spent 73% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, National Nordic Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within MN. Charities of a similar size with the same main cause include Tualatin Valley Youth Football League Inc ($352k), Galaxy Soccer Club Inc ($352k) and Nevada Asa J O Softball Association ($352k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $556k against liabilities of $0, net assets of $556k.