Nanban Foundation

Analysis

Nanban Foundation is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in September 2020, 6 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 2022, Nanban Foundation reported income of $402k and spending of $324k, spending 81% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $261k to $402k (+54%), an average of +54% a year. The sharpest change came in the year to December 2022, when income rose by 54%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nanban Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Crawford County Education-Economic Development Partnership Inc ($402k), Lighthouse Academy Inc ($403k) and Launch Leadership Inc ($402k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $129k against liabilities of $0, net assets of $129k.