Nurturing Independence Through Artistic Development

Analysis

Nurturing Independence Through Artistic Development is a registered charity in United States, based in Richmond, CA. It received its IRS tax-exemption ruling in September 1982, 44 years ago. 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 June 2023, Nurturing Independence Through Artistic Development reported income of $2.4m and spending of $2.1m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $966k to $2.4m (+146%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 48%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nurturing Independence Through Artistic Development sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Wespac Foundation Inc ($2.4m), The Washington Legal Clinic for the Homeless Inc ($2.4m) and Young Mens Christian Association of Corry ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $96k (4.6% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $1.1m against liabilities of $97k, net assets of $1.0m. It reported 34 employees.