Nest Community Learning Center

Analysis

Nest Community Learning Center is a registered charity in United States, based in Loveland, OH. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 August 2023, Nest Community Learning Center reported income of $360k and spending of $489k, spending 136% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $187k to $360k (+92%), an average of +18% a year. The sharpest change came in the year to August 2020, when income rose by 144%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nest Community Learning Center sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within OH. Charities of a similar size with the same main cause include House of the Good Shepherd of Memphis ($360k), Bread for Life Community Food Pantry Inc ($360k) and Hope at the Brick House Inc ($360k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $60k (12% of expenses). At year end it held assets of $72k against liabilities of $21k, net assets of $52k. It reported 34 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.