School Settlement Home Attendant Service Corp

Analysis

School Settlement Home Attendant Service Corp is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 1982, 44 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, School Settlement Home Attendant Service Corp reported income of $15.3m and spending of $15.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $22.3m to $15.3m (-31%), an average of -9.0% a year. The sharpest change came in the year to June 2022, when income dropped by 17%. 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, School Settlement Home Attendant Service Corp sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Westminster Village Terre Haute Inc ($15.3m), Casa Inc ($15.3m) and Feeding Wisconsin Inc ($15.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $74k (0.5% of expenses). Other salaries and wages came to $11.6m. At year end it held assets of $11.6m against liabilities of $4.3m, net assets of $7.2m. It reported 393 employees.