St Nicholas Society of the City of Ny

Analysis

St Nicholas Society of the City of Ny is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1947, 79 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, St Nicholas Society of the City of Ny reported income of $259k and spending of $349k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $110k to $259k (+135%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 156%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Nicholas Society of the City of Ny sits at the 57th percentile: it is larger than about 57% 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 Corps of Engineers Naturalresources Education Foundation ($259k), Outdoors for Our Heroes ($259k) and Garagiste Events Inc ($259k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Other salaries and wages came to $44k. At year end it held assets of $1.4m against liabilities of $748, net assets of $1.4m. It reported 1 employees.