Community Action Southold Town Inc

Analysis

Community Action Southold Town Inc is a registered charity in United States, based in Southold, NY. It received its IRS tax-exemption ruling in May 1994, 32 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, Community Action Southold Town Inc reported income of $3.3m and spending of $2.7m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $657k to $3.3m (+400%), an average of +50% a year. The sharpest change came in the year to December 2020, when income rose by 187%. Over the whole period it spent 55% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Action Southold Town 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 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Family Promise of Morris County Inc ($3.3m), Whitehorse Foundation ($3.3m) and Providers Nutrition Network Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $156k (5.8% of expenses). Other salaries and wages came to $607k. At year end it held assets of $6.2m against liabilities of $81k, net assets of $6.1m. It reported 37 employees.