Nancetrans Inc

Analysis

Nancetrans Inc is a registered charity in United States, based in Fullerton, NE. It received its IRS tax-exemption ruling in May 2019, 7 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 June 2023, Nancetrans Inc reported income of $263k and spending of $205k, leaving 22% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $173k to $263k (+52%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nancetrans Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within NE. Charities of a similar size with the same main cause include Pillar Inc ($263k), Ohrenberger Community School Council Inc ($263k) and Alianza Latina Aplicando Soluciones ($263k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 5.5% of the total. Other salaries and wages came to $111k. At year end it held assets of $220k against liabilities of $1,039, net assets of $219k. It reported 6 employees.