NLCS Building Corporation

Analysis

NLCS Building Corporation is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, NLCS Building Corporation reported income of $424k and spending of $311k, leaving 27% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income fell from $1.8m to $424k (-77%), an average of -39% a year. The sharpest change came in the year to June 2022, when income dropped by 76%. Over the whole period it spent 32% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, NLCS Building Corporation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 65th percentile within CO. Charities of a similar size with the same main cause include Western Dairy Education & Research Foundation ($423k), Kids Place ($424k) and Four Rivers Educational Foundation ($423k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 64% of the total. At year end it held assets of $4.3m against liabilities of $2.2m, net assets of $2.1m.