Operation St Nick Laus Inc

Analysis

Operation St Nick Laus Inc is a registered charity in United States, based in Morris, IL. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Operation St Nick Laus Inc reported income of $350k and spending of $305k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $182k to $350k (+92%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 198%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Operation St Nick Laus Inc sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include Bacaanda Foundation Inc ($350k), Safe Inc ($350k) and Family Promise of Irving ($350k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $1.0m against liabilities of $76k, net assets of $937k.