Nics Care Foundation

Analysis

Nics Care Foundation is a registered charity in United States, based in Southaven, MS. It received its IRS tax-exemption ruling in February 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Nics Care Foundation reported income of $500k and spending of $0, leaving 100% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $678k to $500k (-26%), an average of -5.9% a year. The sharpest change came in the year to June 2024, when income rose by 135%. Over the whole period it spent 26% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Nics Care Foundation 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 70th percentile, and in the 71st percentile within MS. Charities of a similar size with the same main cause include St Stephens Durham Endowment ($500k), Friends of Holy Innocents ($500k) and Louise B Hirs Charitable Unitrust ($500k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.