Nana Grants Inc

Analysis

Nana Grants Inc is a registered charity in United States, based in Sandy Springs, GA. It received its IRS tax-exemption ruling in December 2016, 10 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, Nana Grants Inc reported income of $843k and spending of $298k, leaving 65% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $333k to $843k (+153%), an average of +59% a year. The sharpest change came in the year to December 2023, when income rose by 96%. Over the whole period it spent 57% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nana Grants Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within GA. Charities of a similar size with the same main cause include Harrisonburg-Rockingham Child Day Care Centers ($843k), Childrens Museum Guild Inc ($843k) and PTA California Congress of Parents Teachers & Students Inc ($843k).

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 $78k (26% of expenses). At year end it held assets of $832k against liabilities of $4,134, net assets of $828k.