Long Island Council on Alcoholism Inc

Analysis

Long Island Council on Alcoholism Inc is a registered charity in United States, based in Westbury, NY. It received its IRS tax-exemption ruling in February 1958, 68 years ago. 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 December 2023, Long Island Council on Alcoholism Inc reported income of $1.3m and spending of $1.8m, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.3m (-0.5%), an average of -0.1% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 105% 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 on Alcoholism Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Ayuda Inc ($1.3m), Rosemount Area Athletic Association Inc ($1.3m) and Geosynthetic Institute ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $197k (11% of expenses). Other salaries and wages came to $906k. At year end it held assets of $2.3m against liabilities of $891k, net assets of $1.4m. It reported 21 employees.