Nauvoo Discovery Inc

Analysis

Nauvoo Discovery Inc is a registered charity in United States, based in Nauvoo, IL. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Nauvoo Discovery Inc reported income of $318k and spending of $603k, spending 190% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.5m to $318k (-93%), an average of -48% a year. The sharpest change came in the year to December 2023, when income rose by 1409%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nauvoo Discovery Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within IL. Charities of a similar size with the same main cause include Universal Institute for Successful Aging of Carolinas ($318k), Trails of Purpose ($318k) and The@walk ($318k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $50k (8.3% of expenses). Other salaries and wages came to $150k. At year end it held assets of $3.0m against liabilities of $1.2m, net assets of $1.8m. It reported 27 employees.