Nnaji Family Foundation

Analysis

Nnaji Family Foundation is a registered charity in United States, based in Eden Prairie, MN. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Nnaji Family Foundation reported income of $477k and spending of $530k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $539k to $477k (-12%), an average of -12% a year. Over the whole period it spent 62% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Nnaji Family Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MN. Charities of a similar size with the same main cause include Center for Truth in Love Inc ($477k), Fathers and Families Coalition of Utah ($477k) and Tawasaw ($477k).

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 $427k against liabilities of $0, net assets of $427k.