Cypress Hills-Fulton Street Senior Citizens Center Inc

Analysis

Cypress Hills-Fulton Street Senior Citizens Center Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 1974, 52 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 June 2023, Cypress Hills-Fulton Street Senior Citizens Center Inc reported income of $905k and spending of $917k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $690k to $905k (+31%), an average of +7.0% a year. The sharpest change came in the year to June 2020, when income rose by 15%. 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, Cypress Hills-Fulton Street Senior Citizens Center Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Nachas Health and Family Network in C ($905k), American Association of Teachers of French ($906k) and Eastside Community Ministry Inc ($905k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $481k. At year end it held assets of $138k against liabilities of $77k, net assets of $61k. It reported 12 employees.