Polonia of Long Island

Analysis

Polonia of Long Island is a registered charity in United States, based in Copiague, NY. It received its IRS tax-exemption ruling in November 1995, 31 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 December 2023, Polonia of Long Island reported income of $83k and spending of $109k, spending 131% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $39k to $83k (+114%), an average of +46% a year. The sharpest change came in the year to December 2021, when income rose by 99%. Over the whole period it spent 128% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Polonia of Long Island sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Truckee Community Cares Inc ($83k), Thousand Oaks Rotary Foundation ($83k) and Restan Corp ($83k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $470k against liabilities of $470k, net assets of $0.