Long Island Council of Churches

Analysis

Long Island Council of Churches is a registered charity in United States, based in Freeport, NY. It received its IRS tax-exemption ruling in September 1961, 65 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Long Island Council of Churches reported income of $553k and spending of $763k, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $553k (-51%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 65%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Long Island Council of Churches sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Young Aspirations-Young Artists Inc ($553k), Foundation Order of Malta Inc ($553k) and Spirit of St Louis Air Show ($553k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $146k. At year end it held assets of $136k against liabilities of $5,295, net assets of $131k. It reported 4 employees.