Nationz Foundation Incorporated

Analysis

Nationz Foundation Incorporated is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in August 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, Nationz Foundation Incorporated reported income of $996k and spending of $636k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $388k to $996k (+157%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 86%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nationz Foundation Incorporated sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within VA. Charities of a similar size with the same main cause include Sacred Heart of Jesus High School ($996k), Sunbridge Institute Inc ($996k) and Texas High School Coaches Education Foundation ($996k).

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 $95k (15% of expenses). Other salaries and wages came to $293k. At year end it held assets of $361k against liabilities of $0, net assets of $361k. It reported 11 employees.