The Nest Fund Inc

Analysis

The Nest Fund Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in February 2016, 10 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, The Nest Fund Inc reported income of $248k and spending of $220k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $246k to $248k (+1.0%), an average of +0.2% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Nest Fund Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Impact 100 Detroit ($248k), Australian-American Leadership Dialogue Foundation Inc ($248k) and St Joseph Conference Lincoln Society of St Vincent de Paul ($248k).

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 $30k against liabilities of $9,500, net assets of $20k.