Nexus Diversified Community Services

Analysis

Nexus Diversified Community Services is a registered charity in United States, based in Plymouth, MN. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nexus Diversified Community Services reported income of $9.2m and spending of $8.0m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.9m to $9.2m (+17%), an average of +3.9% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nexus Diversified Community Services sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MN. Charities of a similar size with the same main cause include Refugee and Immigrant Assistance Center Inc ($9.2m), Childplace Inc ($9.2m) and Urban League of Rochester N Y Inc ($9.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 82% of the total. At year end it held assets of $92.6m against liabilities of $40.3m, net assets of $52.3m.