Nour Foundation

Analysis

Nour Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1985, 41 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, Nour Foundation reported income of $2.1m and spending of $952k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.2m to $2.1m (-6.0%), an average of -1.5% a year. The sharpest change came in the year to December 2020, when income rose by 138%. Over the whole period it spent 23% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nour Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Solid Rock Community Developmentcorporation ($2.1m), Jewish Community Campus of Greater Kansas City Inc ($2.1m) and Maryland Child Services Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 0.1% of the total. Other salaries and wages came to $122k. At year end it held assets of $31.2m against liabilities of $56k, net assets of $31.1m. It reported 2 employees.