Nogales Educational Foundation Inc

Analysis

Nogales Educational Foundation Inc is a registered charity in United States, based in Nogales, AZ. It received its IRS tax-exemption ruling in February 2002, 24 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 June 2023, Nogales Educational Foundation Inc reported income of $90k and spending of $144k, spending 160% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $263k to $90k (-66%), an average of -66% a year. The sharpest change came in the year to June 2023, when income dropped by 66%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nogales Educational Foundation Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within AZ. Charities of a similar size with the same main cause include Onalaska Foundation for Educational Excellence Inc ($90k), Branchport Free Library ($90k) and Operation Read Inc ($90k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $365k against liabilities of $0, net assets of $365k.