Friends of Nas Ottumwa Inc

Analysis

Friends of Nas Ottumwa Inc is a registered charity in United States, based in Ottumwa, IA. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Friends of Nas Ottumwa Inc reported income of $52k and spending of $37k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $61k to $52k (-15%), an average of -3.9% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 29% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Nas Ottumwa Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within IA. Charities of a similar size with the same main cause include Manhattan Choral Ensemble Inc ($52k), Trans Chorus of Los Angeles ($52k) and Cowgirls of the West ($52k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $366k against liabilities of $0, net assets of $366k.