Friedrich Naumann Foundation

Analysis

Friedrich Naumann Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1997, 29 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, Friedrich Naumann Foundation reported income of $597k and spending of $1.6m, spending 271% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $996k to $597k (-40%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 299%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friedrich Naumann Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 46th percentile within DC. Charities of a similar size with the same main cause include Fundacion Tesoros de Amor ($597k), Little Hearts Preschool ($597k) and Page High School Athletic Booster Club ($597k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $514k. At year end it held assets of $612k against liabilities of $991k, net assets of -$379k. It reported 7 employees.