New York State Association of Black Puerto Rican Hispanic & Asian Legi

Analysis

New York State Association of Black Puerto Rican Hispanic & Asian Legi is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, New York State Association of Black Puerto Rican Hispanic & Asian Legi reported income of $1.8m and spending of $1.3m, leaving 26% of income unspent that year. Across the 4 years on record, from September 2018 to September 2023, income grew from $745k to $1.8m (+136%), an average of +33% a year. The sharpest change came in the year to September 2023, when income rose by 100%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New York State Association of Black Puerto Rican Hispanic & Asian Legi sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Nanjing University Education Foundation US Inc ($1.8m), Victory Christian Academy ($1.8m) and World Systems Solutions Inc ($1.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $57k. At year end it held assets of $829k against liabilities of $4,715, net assets of $825k. It reported 3 employees.