Nailba Charitable Foundation

Analysis

Nailba Charitable Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nailba Charitable Foundation reported income of $334k and spending of $337k, spending 101% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $219k to $334k (+53%), an average of +8.9% a year. The sharpest change came in the year to December 2021, when income rose by 112%. Over the whole period it spent 117% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Nailba Charitable Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 37th percentile within DC. Charities of a similar size with the same main cause include Newark High School Booster Club Inc ($334k), Hillsborough Concours Delegance Foundation ($335k) and Philadelphia Mummers Brigade Assoc ($334k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $250k against liabilities of $1,588, net assets of $248k.