St Nicholas Charities Inc

Organization Overview

St Nicholas Charities Inc is located in Florence, AZ. The organization was established in 2017. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Nicholas Charities Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, St Nicholas Charities Inc generated $146.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.5%) each year. All expenses for the organization totaled $74.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE PURPOSE OF THE CORPORATION IS TO PROVIDE SHELTER FOR RELIEF TO INDIGENT OR AFFLICTED PERSONS WHO PRACTICE THE GREEK ORTHODOX CHRISTIAN FAITH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THIS YEAR, THE ORGANIZATION PROVIDED SHELTER TO FIVE INDIGENT FAMILIES AND ONE INDIVIDUAL AT NO-COST TO THE INDIGENT PERSONS. THE ORGANIZATION DOES NOT CHARGE RENT, SO THERE ARE NO REVENUES ASSOCIATED TO WITH THIS PROGRAM SERVICE. TOTAL EXPENSES TO PROVIDE THESE SERVICES WERE $37,665, WHICH PRIMARILY RELATE TO PAYING THE UTILITIES AND OPERATING EXPENSES FOR THE HOMES, AS PRESENTED AND DISCLOSED IN THE FINANCIAL STATEMENTS IN PART IX. CONTRIBUTIONS OF $36,300 WERE ALSO MADE IN THE CURRENT YEAR. TOTAL IN-KIND (NON-CASH) CONTRIBUTIONS RECEIVED RELATED TO THE PAYMENT OF UTILITY EXPENSES FOR SOME OF THE RESIDENTIAL PROPERTIES PAID BY THE 501(C)(3) ORGANIZATION THAT ST. NICHOLAS CHARITIES SUPPORTS AS A TYPE-1 509(A)(3) ORG., AND FOR THE RECEIPT OF TWO VACANT LAND PARCELS FOR FUTURE HOMES.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$112,438
Noncash contributions included in lines 1a–1f $109,238
Total Revenue from Contributions, Gifts, Grants & Similar$112,438
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $34,288
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $146,726

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