Nine Fruits Corporation

Analysis

Nine Fruits Corporation is a registered charity in United States, based in Mountain View, CA. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nine Fruits Corporation reported income of $2.1m and spending of $1.2m, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.1m (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2021, when income rose by 26%. 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, Nine Fruits Corporation sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Bronx Community College Association Inc ($2.1m), Hualalai Ohana Foundation ($2.1m) and Marble Charter School Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $537k (43% of expenses). Other salaries and wages came to $353k. At year end it held assets of $6.4m against liabilities of $62k, net assets of $6.4m. It reported 29 employees.