Nreca Research

Analysis

Nreca Research is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Nreca Research reported income of $11.5m and spending of $11.5m, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $11.1m to $11.5m (+3.4%), an average of +1.1% a year. The sharpest change came in the year to December 2022, when income dropped by 27%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nreca Research sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within VA. Charities of a similar size with the same main cause include Seattle Childrens Hospital ($11.5m), Coastal Community Action Inc ($11.5m) and Class Ltd ($11.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. Other salaries and wages came to $3.1m. At year end it held assets of $2.9m against liabilities of $2.9m, net assets of $0.