Naatik Projects

Analysis

Naatik Projects is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in April 2015, 11 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, Naatik Projects reported income of $226k and spending of $236k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $172k to $226k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Naatik Projects sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within WA. Charities of a similar size with the same main cause include Arlington Womans Club ($226k), Friends of Cambridge Rindge and Latin School Inc ($226k) and Washington School Parent Teacher Organization and Foundation Inc ($226k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. It paid $1,385 in professional fundraising fees. At year end it held assets of $86k against liabilities of $0, net assets of $86k.