Nsoromma School Inc

Analysis

Nsoromma School Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Nsoromma School Inc reported income of $114k and spending of $109k, spending 96% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $58k to $114k (+96%), an average of +96% a year. The sharpest change came in the year to June 2024, when income rose by 96%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nsoromma School Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within GA. Charities of a similar size with the same main cause include Montana Contractors Association Education Foundation Inc ($114k), Friends of the Ballston Spa Public Library Inc ($114k) and Friends of Paradis Des Indiens Inc ($114k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 51% and program service revenue 3.7% of the total. At year end it held assets of $48k against liabilities of $210, net assets of $48k.