St Nicholas Charities Inc

Analysis

St Nicholas Charities Inc is a registered charity in United States, based in Florence, AZ. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Nicholas Charities Inc reported income of $147k and spending of $74k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $229k to $147k (-36%), an average of -10% a year. The sharpest change came in the year to December 2021, when income rose by 1333%. Over the whole period it spent 84% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Nicholas Charities Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within AZ. Charities of a similar size with the same main cause include Hbhci Hud 8 Inc ($147k), Tmhsa Housing ($147k) and Lasker Village Apartments ($147k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $1.1m against liabilities of $51k, net assets of $1.1m.