Elmys Special Services Inc

Analysis

Elmys Special Services Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Elmys Special Services Inc reported income of $8.2m and spending of $9.0m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.2m to $8.2m (+15%), an average of +3.5% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Elmys Special Services Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Miami County YMCA Support Corporation ($8.2m), American Legion Department of Ohio Charities Inc ($8.2m) and Community Care ($8.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 70% of the total. Other salaries and wages came to $4.6m. At year end it held assets of $2.6m against liabilities of $2.0m, net assets of $594k. It reported 250 employees.