Nous Foundation

Analysis

Nous Foundation is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2024, Nous Foundation reported income of $181k and spending of $147k, spending 81% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $133k to $181k (+36%), an average of +36% a year. The sharpest change came in the year to June 2024, when income rose by 36%. Over the whole period it spent 72% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Nous Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within LA. Charities of a similar size with the same main cause include Careforce International Inc ($181k), Friends of the Cineteca Di Bologna ($181k) and Mission Partners Guatemala ($181k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 78% of the total. At year end it held assets of $146k against liabilities of $0, net assets of $146k.