Community Center of Nyack

Analysis

Community Center of Nyack is a registered charity in United States, based in Nyack, NY. It received its IRS tax-exemption ruling in June 1999, 27 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 June 2023, Community Center of Nyack reported income of $131k and spending of $126k, spending 97% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $95k to $131k (+37%), an average of +37% a year. The sharpest change came in the year to June 2023, when income rose by 37%. Over the whole period it spent 121% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community Center of Nyack sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Friends of Roosevelt Middle School ($131k), Baldwin County Strawberry Festival Inc ($131k) and Zane Access Co ($131k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 79% of the total. At year end it held assets of $77k against liabilities of $1,027, net assets of $76k.