Numfocus Inc

Analysis

Numfocus Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover science and technology, 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, Numfocus Inc reported income of $7.2m and spending of $10.0m, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.1m to $7.2m (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2022, when income rose by 70%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Numfocus Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include St Lukes Chamber Ensemble Inc ($7.2m), United States Olympic & Paralympic Museum ($7.3m) and Barbara Bush Foundation for Family Literacy Inc ($7.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $161k (1.6% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $8.8m against liabilities of $395k, net assets of $8.4m. It reported 22 employees.