Kimi Nichols Center Inc

Analysis

Kimi Nichols Center Inc is a registered charity in United States, based in Plaistow, NH. It received its IRS tax-exemption ruling in March 1972, 54 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 June 2023, Kimi Nichols Center Inc reported income of $9.0m and spending of $7.3m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.0m to $9.0m (+82%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kimi Nichols Center Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within NH. Charities of a similar size with the same main cause include The Summit League Inc ($9.0m), California Housing Partnership ($9.0m) and Upward Bound House ($9.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $108k (1.5% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $4.5m against liabilities of $428k, net assets of $4.1m. It reported 150 employees.