Nha Foundation

Analysis

Nha Foundation is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Nha Foundation reported income of $88k and spending of $78k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $94k to $88k (-6.3%), an average of -6.3% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nha Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within MI. Charities of a similar size with the same main cause include 0riginal Design Ministries ($88k), Rio Vista Safe Fund ($88k) and Cabrillo Middle School Music Boosters ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $200k against liabilities of $90k, net assets of $110k.