Nadias Initiative Inc

Analysis

Nadias Initiative Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 2019, 7 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 (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, Nadias Initiative Inc reported income of $1.7m and spending of $3.1m, spending 176% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.5m to $1.7m (-61%), an average of -21% a year. The sharpest change came in the year to December 2022, when income dropped by 66%. Over the whole period it spent 77% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Nadias Initiative Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 64th percentile within DC. Charities of a similar size with the same main cause include Paluz Corpss ($1.7m), Universal Peace Federation ($1.7m) and The Sumba Foundation ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $505k (16% of expenses). Other salaries and wages came to $318k. At year end it held assets of $4.4m against liabilities of $165k, net assets of $4.3m. It reported 7 employees.