Safer Waters in Memory - of Nicholas

Analysis

Safer Waters in Memory - of Nicholas is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Safer Waters in Memory - of Nicholas reported income of $132k and spending of $131k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $193k to $132k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 74% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Safer Waters in Memory - of Nicholas sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within MO. Charities of a similar size with the same main cause include Saddle River Fire Association Inc ($132k), Snook Volunteer Fire Department ($132k) and Wilburton Hose Company 1 ($131k).

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 $181k against liabilities of $0, net assets of $181k.