Nick Amster Inc

Analysis

Nick Amster Inc is a registered charity in United States, based in Wooster, OH. It received its IRS tax-exemption ruling in June 1967, 59 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Nick Amster Inc reported income of $3.2m and spending of $3.0m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.5m to $3.2m (-8.3%), an average of -2.1% a year. The sharpest change came in the year to June 2020, when income dropped by 20%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Nick Amster Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within OH. Charities of a similar size with the same main cause include H E L P USA Inc ($3.2m), Blue Solutions ($3.2m) and Tourism Fiji ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $122k (4.1% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.5m against liabilities of $11k, net assets of $2.5m. It reported 143 employees.