Nica Foundation Inc

Analysis

Nica Foundation Inc is a registered charity in United States, based in Brandon, FL. It received its IRS tax-exemption ruling in October 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, Nica Foundation Inc reported income of $73k and spending of $60k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $73k (+2.5%), an average of +2.5% a year. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nica Foundation Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 32nd percentile within FL. Charities of a similar size with the same main cause include The Foundation of Bonita Naples Rotary Club Inc ($73k), Tarrant County Education Foundation ($73k) and American Open University Inc ($73k).

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 $66k against liabilities of $0, net assets of $66k.