Nli USA Inc

Analysis

Nli USA Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Nli USA Inc reported income of $14.1m and spending of $9.1m, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.1m to $14.1m (+99%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 124%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nli USA Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Carlthorp School ($14.1m), Hill Center Inc ($14.1m) and US Ignite Inc ($14.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $309k (3.4% of expenses). Other salaries and wages came to $61k. At year end it held assets of $23.3m against liabilities of $2.5m, net assets of $20.7m. It reported 3 employees.