The Richard Nixon Foundation

Analysis

The Richard Nixon Foundation is a registered charity in United States, based in Yorba Linda, CA. It received its IRS tax-exemption ruling in August 1983, 43 years ago. 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, The Richard Nixon Foundation reported income of $11.3m and spending of $10.5m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.8m to $11.3m (+65%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 172%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Richard Nixon Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Lutheran Retirement Center Wilmington Inc ($11.3m), Richmond Home Need Services Inc ($11.3m) and United Methodist Home of Enid Inc ($11.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $375k (3.6% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $77.1m against liabilities of $9.2m, net assets of $67.9m. It reported 67 employees.