Nikiski Senior Citizens Inc

Analysis

Nikiski Senior Citizens Inc is a registered charity in United States, based in Nikiski, AK. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Nikiski Senior Citizens Inc reported income of $847k and spending of $1.0m, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $665k to $847k (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nikiski Senior Citizens Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within AK. Charities of a similar size with the same main cause include Deerfield Valley Rescue Inc ($847k), Dakota County Technical College Foundation ($847k) and St Marks Housing of Venice Inc ($847k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $60k (5.8% of expenses). Other salaries and wages came to $257k. At year end it held assets of $5.8m against liabilities of $217k, net assets of $5.6m. It reported 21 employees.