Nia Community Services Network Inc

Analysis

Nia Community Services Network Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in May 2013, 13 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 June 2023, Nia Community Services Network Inc reported income of $20.9m and spending of $19.9m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.8m to $20.9m (+41%), an average of +9.1% a year. The sharpest change came in the year to June 2022, when income rose by 44%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nia Community Services Network Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Birch Community Services Inc ($20.9m), Glade Run Lutheran Services ($20.9m) and Consumer Credit Counseling Service of San Francisco ($20.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $349k (1.8% of expenses). Other salaries and wages came to $11.8m. At year end it held assets of $8.0m against liabilities of $748k, net assets of $7.3m. It reported 1,097 employees.