NSB Caps Inc

Analysis

NSB Caps Inc is a registered charity in United States, based in New Smyrna, FL. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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, NSB Caps Inc reported income of $119k and spending of $65k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $73k to $119k (+62%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 310%. Over the whole period it spent 39% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, NSB Caps 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 41st percentile, and in the 45th percentile within FL. Charities of a similar size with the same main cause include Sweetwater One Public School Foundation ($119k), Owego Apalachin Booster Club Inc C/O Owego Free Academy Athletic ($119k) and Circle View Parent Teacherorganization ($119k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.