Nvma Centennial Scholarship Foundation Inc

Analysis

Nvma Centennial Scholarship Foundation Inc is a registered charity in United States, based in Alliance, NE. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nvma Centennial Scholarship Foundation Inc reported income of $83k and spending of $57k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $62k to $83k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2021, when income rose by 111%. Over the whole period it spent 46% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Nvma Centennial Scholarship Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within NE. Charities of a similar size with the same main cause include Global Grace ($83k), St Williams on Long Point Inc ($83k) and Camp Hunt Inc ($83k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $814k against liabilities of $0, net assets of $814k.