Nivas Inc

Analysis

Nivas Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Nivas Inc reported income of $285k and spending of $252k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $95k to $285k (+199%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 92% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Nivas Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within CO. Charities of a similar size with the same main cause include Yeabe Medical Center and Rehabilitation Ltd ($285k), Netsanet Ministries Inc ($285k) and Algo Mas Inc ($285k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $68k (27% of expenses). At year end it held assets of $124k against liabilities of $37k, net assets of $87k.