Nixsar Corporation

Analysis

Nixsar Corporation is a registered charity in United States, based in Butler, PA. It received its IRS tax-exemption ruling in November 1984, 42 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Nixsar Corporation reported income of $1.4m and spending of $2.7m, spending 189% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.4m (+4.1%), an average of +1.0% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 207% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nixsar Corporation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include Way Training Center ($1.4m), Central Emergency Medical Services Inc ($1.4m) and Bear River Primary Care ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $32.4m against liabilities of $14.3m, net assets of $18.0m.

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.