United Senior Citizens of Sunset Park Inc C O Thomas J Costello

Analysis

United Senior Citizens of Sunset Park Inc C O Thomas J Costello is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 1978, 48 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, United Senior Citizens of Sunset Park Inc C O Thomas J Costello reported income of $967k and spending of $962k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $845k to $967k (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2022, when income rose by 29%. 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, United Senior Citizens of Sunset Park Inc C O Thomas J Costello sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Abilene Childcare Learning Center Inc ($967k), Autism Society Central Virginia Chapter Inc ($967k) and Creasey Mahan Nature Preserve ($966k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $73k (7.6% of expenses). Other salaries and wages came to $276k. At year end it held assets of $255k against liabilities of $244k, net assets of $11k. It reported 12 employees.