Deborah Salem Foundation

Analysis

Deborah Salem Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1989, 37 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 September 2023, Deborah Salem Foundation reported income of $54k and spending of $61k, spending 114% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income grew from $25k to $54k (+116%), an average of +116% a year. The sharpest change came in the year to September 2023, when income rose by 116%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Deborah Salem Foundation sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Vietnameese Veterans Helping Disabled Veterans Corporation ($54k), Virginia Episcopal Real Estate Partners Inc ($54k) and The Joy Connection Living Your Joy Inc ($54k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.