Nonzero Foundation Inc

Analysis

Nonzero Foundation Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Nonzero Foundation Inc reported income of $207k and spending of $259k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $185k to $207k (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2021, when income rose by 176%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nonzero Foundation Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 61st percentile within NJ. Charities of a similar size with the same main cause include N B C U S a Housing Inc Ten ($207k), Porta Community Unit School District No 202 Foundation ($207k) and PTA California Congress of Parents Teachers & Students Inc ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.5% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $69k (27% of expenses). Other salaries and wages came to $48k. At year end it held assets of $128k against liabilities of $3,491, net assets of $124k. It reported 2 employees.