Nickerson Family Association Inc

Analysis

Nickerson Family Association Inc is a registered charity in United States, based in North Chatham, MA. It received its IRS tax-exemption ruling in February 1978, 48 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nickerson Family Association Inc reported income of $220k and spending of $140k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $143k to $220k (+54%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 81%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nickerson Family Association Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within MA. Charities of a similar size with the same main cause include Glacier Hockey Association Inc ($220k), Secac ($220k) and BBB Foundation of Connecticut Inc ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.