Nichsefa Inc

Analysis

Nichsefa Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in April 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, Nichsefa Inc reported income of $554k and spending of $534k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $354k to $554k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Nichsefa Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within NJ. Charities of a similar size with the same main cause include Capital Community Foundation Inc ($554k), Anthroposophia Foundation ($555k) and Westfield Memorial Hospital Foundation Inc ($553k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.