Nokomis Community Closet

Analysis

Nokomis Community Closet is a registered charity in United States, based in Nokomis, IL. It received its IRS tax-exemption ruling in March 1998, 28 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, Nokomis Community Closet reported income of $117k and spending of $107k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $103k to $117k (+13%), an average of +14% a year. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nokomis Community Closet sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within IL. Charities of a similar size with the same main cause include Esthers Rising ($117k), LA Gonave Haiti Missions ($117k) and Restoring Hope Child and Community ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 33% of the total. At year end it held assets of $140k against liabilities of $0, net assets of $140k.