Friends of Nis Inc

Analysis

Friends of Nis Inc is a registered charity in United States, based in Manorville, NY. It received its IRS tax-exemption ruling in August 1990, 36 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Friends of Nis Inc reported income of $262k and spending of $125k, leaving 52% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $114k to $262k (+130%), an average of +130% a year. The sharpest change came in the year to June 2023, when income rose by 130%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Nis Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Nevada Future Farmers of America Foundation ($262k), Senior Citizens Community Center ($262k) and Giacminh Pagoda ($262k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. Other salaries and wages came to $45k. At year end it held assets of $242k against liabilities of $88k, net assets of $154k.