Nistar

Analysis

Nistar is a registered charity in United States, based in Bloomfield Hills, MI. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Nistar reported income of $1.5m and spending of $1.5m, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $687k to $1.5m (+113%), an average of +113% a year. The sharpest change came in the year to December 2023, when income rose by 113%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nistar sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within MI. Charities of a similar size with the same main cause include Corrective Care Ministry ($1.5m), National Council on Independent Living ($1.5m) and Amens Care Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6,214 against liabilities of $0, net assets of $6,214.