Nakalanda Project

Analysis

Nakalanda Project is a registered charity in United States, based in Darby, MT. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nakalanda Project reported income of $167k and spending of $95k, leaving 43% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $29k to $167k (+467%), an average of +138% a year. The sharpest change came in the year to December 2022, when income rose by 428%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nakalanda Project sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within MT. Charities of a similar size with the same main cause include Massachusetts Senior Care Foundation Inc ($167k), Balcones Energy Library Inc ($167k) and Foundation of the Rotary Club of Bonita Springs Inc ($167k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $254k against liabilities of $0, net assets of $254k.