Nrcha Foundation

Analysis

Nrcha Foundation is a registered charity in United States, based in Weatherford, TX. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Nrcha Foundation reported income of $144k and spending of $64k, leaving 56% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $144k (+216%), an average of +216% a year. The sharpest change came in the year to December 2023, when income rose by 216%. Over the whole period it spent 58% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Nrcha Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Pleasant View Athletic Association ($144k), Copper Cities Youth Basketball League ($144k) and Farmingdale Baseball League Inc ($143k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $345k against liabilities of $107k, net assets of $238k.