Nautical Donations Inc

Analysis

Nautical Donations Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, Nautical Donations Inc reported income of $123k and spending of $119k, spending 96% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $99k to $123k (+24%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 89%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nautical Donations Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within IL. Charities of a similar size with the same main cause include Sinto Senior Activity Center ($123k), Samaritan House ($123k) and Winterhaven Apartments Inc ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $113k against liabilities of $0, net assets of $113k.