Nibras Education Foundation

Analysis

Nibras Education Foundation is a registered charity in United States, based in Dearborn, MI. It received its IRS tax-exemption ruling in March 2021, 5 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, Nibras Education Foundation reported income of $140k and spending of $131k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $80k to $140k (+74%), an average of +32% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nibras Education Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within MI. Charities of a similar size with the same main cause include Grosse Pointe Red Barons South ($140k), Missouri Accreditation of Programs for Children and Youth ($140k) and Core of Knowledge Literacy and Learning Center Inc ($140k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.