Day One New York Inc

Analysis

Day One New York Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2008, 18 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 September 2023, Day One New York Inc reported income of $4.3m and spending of $3.9m, spending 90% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.1m to $4.3m (+37%), an average of +8.3% a year. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Day One New York Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Family Service of Marion and Harrison Counties Inc ($4.3m), Inner Voice Incorporated ($4.3m) and Front Line Farming Inc ($4.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $282k (7.3% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $4.7m against liabilities of $2.0m, net assets of $2.8m. It reported 30 employees.