Natso Foundation Inc

Analysis

Natso Foundation Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in March 1990, 36 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 (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, Natso Foundation Inc reported income of $453k and spending of $603k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $281k to $453k (+61%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 54%. Over the whole period it spent 131% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Natso Foundation Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within VA. Charities of a similar size with the same main cause include Nevada Obstetrical Charity Clinics Inc ($453k), American Association of Clinical Anatomists Inc ($454k) and Minnesota Colorectal Cancer Research Foundation ($453k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 4.8% of the total. Other salaries and wages came to $203k. At year end it held assets of $2.4m against liabilities of $180k, net assets of $2.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.