Polish & Slavic Center Inc

Analysis

Polish & Slavic Center Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 1973, 53 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 June 2023, Polish & Slavic Center Inc reported income of $3.2m and spending of $3.0m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $3.2m (+50%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 74%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Polish & Slavic Center Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Food Well Alliance Inc ($3.2m), Center for Family Services of Palm Beach County Inc ($3.2m) and Nourishmke Inc ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 13% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $1.5m against liabilities of $285k, net assets of $1.2m. It reported 33 employees.