Nantucket Community Service II Inc

Analysis

Nantucket Community Service II Inc is a registered charity in United States, based in Nantucket, MA. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Nantucket Community Service II Inc reported income of $146k and spending of $201k, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $178k to $146k (-18%), an average of -4.9% a year. The sharpest change came in the year to December 2021, when income rose by 155%. Over the whole period it spent 107% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Nantucket Community Service II Inc sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 51st percentile within MA. Charities of a similar size with the same main cause include Findley Place Apartments NFP ($146k), Providence Place II Inc ($146k) and Columbus Legacy Project ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 83% of the total. At year end it held assets of $797k against liabilities of $12k, net assets of $785k.