Nahma Educational Foundation

Analysis

Nahma Educational Foundation is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Nahma Educational Foundation reported income of $701k and spending of $629k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $605k to $701k (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 78% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Nahma Educational Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within VA. Charities of a similar size with the same main cause include Cdfa Foundation ($701k), Bay Ridge 5th Avenue District Management Association Inc ($701k) and Community First Capital Corp ($701k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $54k. At year end it held assets of $2.8m against liabilities of $5,220, net assets of $2.8m.