Nikhil Badlani Foundation Inc

Analysis

Nikhil Badlani Foundation Inc is a registered charity in United States, based in West Orange, NJ. It received its IRS tax-exemption ruling in September 2011, 15 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, Nikhil Badlani Foundation Inc reported income of $65k and spending of $63k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $65k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nikhil Badlani Foundation Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 33rd percentile within NJ. Charities of a similar size with the same main cause include Born to Read Inc ($65k), Parkrose High School Bronco Boosters ($65k) and PTA Congress of NC North Chatham ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $217k against liabilities of $0, net assets of $217k.