Nelson Family Life Foundation Inc

Analysis

Nelson Family Life Foundation Inc is a registered charity in United States, based in Wisc Dells, WI. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Nelson Family Life Foundation Inc reported income of $970k and spending of $967k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $453k to $970k (+114%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 214%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Nelson Family Life Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within WI. Charities of a similar size with the same main cause include Mercy Drops Inc ($969k), American Friends of Assuta Ashdod Hospital Inc ($971k) and United Way of Matanuska-Susitna Borough ($969k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $296k against liabilities of $135k, net assets of $162k.