Nada Foundation

Analysis

Nada Foundation is a registered charity in United States, based in Tysons, VA. It received its IRS tax-exemption ruling in December 1976, 50 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, Nada Foundation reported income of $439k and spending of $438k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $439k (-74%), an average of -29% a year. The sharpest change came in the year to December 2021, when income rose by 556%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nada Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within VA. Charities of a similar size with the same main cause include Friends of the Cabildo Inc ($439k), Crag Rats ($439k) and Owsley County Housing Assn ($439k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 173% of the total. At year end it held assets of $19.2m against liabilities of $34k, net assets of $19.2m.