Nabu Global Inc

Analysis

Nabu Global Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2014, 12 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 December 2023, Nabu Global Inc reported income of $3.8m and spending of $3.6m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $742k to $3.8m (+406%), an average of +50% a year. The sharpest change came in the year to December 2022, when income rose by 155%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nabu Global Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Escuela Del Sol Montessori Inc ($3.8m), Jewish News Service Inc ($3.8m) and Georgia College & State University Foundation Inc ($3.8m).

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 $588k (16% of expenses). Other salaries and wages came to $1.1m. It paid $75k in professional fundraising fees. At year end it held assets of $1.7m against liabilities of $218k, net assets of $1.5m. It reported 14 employees.