Ncavad Inc

Analysis

Ncavad Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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, Ncavad Inc reported income of $70k and spending of $81k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $70k (+3.5%), an average of +3.5% a year. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ncavad Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Bridge the Gap - Syngap Education & Research Foundation ($70k), The Wheeling Mt Zion Cemetery Corporation ($70k) and PTA California Congress of Parents Teachers & Students Inc ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.