Nascomm Corp

Analysis

Nascomm Corp is a registered charity in United States, based in Mineola, NY. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Nascomm Corp reported income of $86k and spending of $83k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $86k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nascomm Corp sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Good Shepherd Hospital Auxiliary ($86k), Sankofa Center for African Dance & Culture ($86k) and St Joseph Medical Center of Fort Wayne ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 57% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.