Nicks Community

Analysis

Nicks Community is a registered charity in United States, based in Torrance, CA. It received its IRS tax-exemption ruling in July 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 (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, Nicks Community reported income of $566k and spending of $480k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $285k to $566k (+98%), an average of +98% a year. The sharpest change came in the year to December 2023, when income rose by 98%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nicks Community sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Take the City Inc ($566k), Japanese American Social Services Inc ($566k) and Holding Out Help Inc ($566k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.7% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $73k (15% of expenses). Other salaries and wages came to $220k. At year end it held assets of $169k against liabilities of $2,802, net assets of $166k. It reported 14 employees.