Nadine Foundation Corporation

Analysis

Nadine Foundation Corporation is a registered charity in United States, based in Suwanee, GA. It received its IRS tax-exemption ruling in October 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Nadine Foundation Corporation reported income of $81k and spending of $38k, leaving 53% of income unspent that year. Across the 3 years on record, from December 2019 to December 2022, income grew from $67k to $81k (+20%), an average of +9.6% a year. Over the whole period it spent 287% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nadine Foundation Corporation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within GA. Charities of a similar size with the same main cause include Area Food Shelf of New Richland ($81k), Alliance of Sustainable Farms ($81k) and Alabama Blues Project ($81k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $47k against liabilities of $38k, net assets of $9,505.