Napipa Foundation

Analysis

Napipa Foundation is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Napipa Foundation reported income of $175k and spending of $33k, leaving 81% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $106k to $175k (+64%), an average of +64% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 35% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Napipa Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Ashcreek Parent Cooperative Playschool ($175k), Alpha Light Fund Incorporated ($175k) and Kids Chance of New Jersey Inc ($175k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. At year end it held assets of $251k against liabilities of $0, net assets of $251k.