Nexus Empowerment Foundation

Analysis

Nexus Empowerment Foundation is a registered charity in United States, based in Avondale, AZ. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Nexus Empowerment Foundation reported income of $64k and spending of $68k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $64k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nexus Empowerment Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within AZ. Charities of a similar size with the same main cause include Temple Band Boosters Club ($64k), Campbellsville Emmaus Community Inc ($64k) and Four Points Scholarship Fund Inc ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $93k against liabilities of $0, net assets of $93k.