Marta & Evert Nolten School Foundation Tua 41-B924-00-3

Analysis

Marta & Evert Nolten School Foundation Tua 41-B924-00-3 is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in May 1999, 27 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, Marta & Evert Nolten School Foundation Tua 41-B924-00-3 reported income of $182k and spending of $270k, spending 148% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $162k to $182k (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Marta & Evert Nolten School Foundation Tua 41-B924-00-3 sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within AL. Charities of a similar size with the same main cause include New York Architects Regatta Foundation Ltd ($182k), United Way of Adair County ($182k) and Dax Foundation Inc ($182k).

Compensation of current officers, directors and key employees was $39k (15% of expenses). At year end it held assets of $3.7m against liabilities of $0, net assets of $3.7m.