St Nicholas Early Learning Inc

Analysis

St Nicholas Early Learning Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Nicholas Early Learning Inc reported income of $690k and spending of $863k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $516k to $690k (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Nicholas Early Learning Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IN. Charities of a similar size with the same main cause include Pennyrile Childrens Advocacy Center Inc ($690k), Better New Life Foundation ($690k) and Cheverus School Apartments Inc ($690k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.5% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $81k (9.4% of expenses). Other salaries and wages came to $556k. At year end it held assets of $293k against liabilities of $0, net assets of $293k. It reported 28 employees.