Nor or Charitable Foundation Inc

Analysis

Nor or Charitable Foundation Inc is a registered charity in United States, based in Altadena, CA. It received its IRS tax-exemption ruling in November 2008, 18 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2024, Nor or Charitable Foundation Inc reported income of $62k and spending of $75k, spending 120% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $93k to $62k (-33%), an average of -9.6% a year. The sharpest change came in the year to June 2022, when income rose by 98%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nor or Charitable Foundation Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include New Orleans Dance Collective Inc ($62k), Lucketts Bluegrass Foundation ($62k) and Na Wai Iwi Ola ($62k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,109 against liabilities of $5,000, net assets of -$2,891.