James L Nuckolls Fund for the Education of the Lighting

Analysis

James L Nuckolls Fund for the Education of the Lighting is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1988, 38 years ago. 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 May 2024, James L Nuckolls Fund for the Education of the Lighting reported income of $233k and spending of $259k, spending 111% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income grew from $216k to $233k (+7.6%), an average of +1.8% a year. The sharpest change came in the year to May 2022, when income rose by 792%. Over the whole period it spent 121% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, James L Nuckolls Fund for the Education of the Lighting sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Disabilities Services Inc ($233k), First Step House of Orange County Inc ($233k) and New Beginnings Enterprises ($233k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 12% of the total. Other salaries and wages came to $34k. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.