Nexus Impact Center Inc

Analysis

Nexus Impact Center Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Nexus Impact Center Inc reported income of $551k and spending of $554k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $227k to $551k (+143%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 42%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Nexus Impact Center Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IN. Charities of a similar size with the same main cause include Legacy Concepts ($551k), Joan Murray Ministries ($551k) and Biblica Ministries Foundation ($551k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $33k (5.9% of expenses). Other salaries and wages came to $89k. At year end it held assets of $268k against liabilities of $92k, net assets of $177k. It reported 8 employees.