Naretoi

Analysis

Naretoi is a registered charity in United States, based in Marina DL Rey, CA. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Naretoi reported income of $61k and spending of $56k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $77k to $61k (-21%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 91% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Naretoi sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Last Nations ($61k), Servants Gift Inc ($61k) and Boston Cardiac Foundation Inc ($61k).

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 $16k against liabilities of $0, net assets of $16k.