Nykosmos F C Inc

Analysis

Nykosmos F C Inc is a registered charity in United States, based in Bellerose, NY. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Nykosmos F C Inc reported income of $94k and spending of $88k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $94k (+81%), an average of +82% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Nykosmos F C Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Indianola Youth Trap Team ($94k), Iowa Central BMX Inc ($94k) and American Collegiate Rowing Association ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.