Merlin and Nora Augustine Foundation for Human Development

Analysis

Merlin and Nora Augustine Foundation for Human Development is a registered charity in United States, based in Fayetteville, AR. It received its IRS tax-exemption ruling in October 1994, 32 years ago. 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, Merlin and Nora Augustine Foundation for Human Development reported income of $111k and spending of $119k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $136k to $111k (-18%), an average of -4.9% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Merlin and Nora Augustine Foundation for Human Development sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within AR. Charities of a similar size with the same main cause include Hispanic Bar Association of Pennsylvania Legal Educational Fun ($111k), Friends of the Hilton Head Library ($111k) and International Order of the Rainbow Girls ($111k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.