Queens Community Center Inc

Analysis

Queens Community Center Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Queens Community Center Inc reported income of $926k and spending of $251k, leaving 73% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income fell from $1.5m to $926k (-37%), an average of -11% a year. The sharpest change came in the year to May 2021, when income rose by 239%. Over the whole period it spent 29% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Queens Community Center Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Clark County Vocational Skills Center Foundation ($926k), Knowledge Works Learning Academy Kai Wadiya Learning Academy ($926k) and Sustained Leaders ($926k).

On its Form 990 for the period ending May 2023, revenue came from program service revenue 93% of the total. Other salaries and wages came to $11k. At year end it held assets of $4.5m against liabilities of $1.1m, net assets of $3.4m.