Naledi

Analysis

Naledi is a registered charity in United States, based in Portola Vally, CA. It received its IRS tax-exemption ruling in November 2021, 5 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 January 2024, Naledi reported income of $144k and spending of $67k, leaving 53% of income unspent that year. Across the 3 years on record, from January 2022 to January 2024, income fell from $215k to $144k (-33%), an average of -18% a year. The sharpest change came in the year to January 2024, when income rose by 120%. Over the whole period it spent 43% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Naledi sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Palm Grove Haiti Mission Inc ($144k), Explore with Purpose ($144k) and Hands of Hope ($144k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 63% of the total. At year end it held assets of $162k against liabilities of $0, net assets of $162k.