St Nicholas Foundation Inc

Analysis

St Nicholas Foundation Inc is a registered charity in United States, based in Stevenson Ranch, CA. It received its IRS tax-exemption ruling in August 1980, 46 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 Foundation Inc reported income of $1.9m and spending of $1.8m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.9m (+75%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 205%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Nicholas Foundation Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Hugs Cafe Inc ($1.9m), South Jamaica Center for Children and Parents Inc ($1.9m) and Habitat for Humanity International ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 87% of the total. Other salaries and wages came to $133k. At year end it held assets of $8.5m against liabilities of $442k, net assets of $8.1m.