NSLS Foundation Inc

Analysis

NSLS Foundation Inc is a registered charity in United States, based in E Rutherford, NJ. It received its IRS tax-exemption ruling in August 2019, 7 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, NSLS Foundation Inc reported income of $418k and spending of $265k, leaving 37% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $261k to $418k (+60%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, NSLS Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 73rd percentile within NJ. Charities of a similar size with the same main cause include Logos Classical Academy of Northern Virginia ($418k), Center for Popular Research Education and Policy ($418k) and Edu Inc ($418k).

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 $17k against liabilities of $0, net assets of $17k.