Nctu Foundation

Analysis

Nctu Foundation is a registered charity in United States, based in Cupertino, CA. It received its IRS tax-exemption ruling in September 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, Nctu Foundation reported income of $334k and spending of $331k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $249k to $334k (+34%), an average of +7.7% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nctu Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Resource Link Charter School ($334k), West End Christian School ($334k) and Community Catholic Center Inc ($334k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $1,500 (0.5% of expenses). At year end it held assets of $46k against liabilities of $0, net assets of $46k.