Nasi Project Inc

Analysis

Nasi Project Inc is a registered charity in United States, based in Kew Gardens, NY. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Nasi Project Inc reported income of $522k and spending of $372k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $247k to $522k (+111%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 72%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nasi Project Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Barnesville Child Day Care Center N Inc ($522k), Counseling Center at the Crossing Inc ($522k) and Grow & Learn Childcare Center Inc ($522k).

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 $464k against liabilities of $150k, net assets of $314k.