Cedarhurst District MGMT Assoc Inc

Analysis

Cedarhurst District MGMT Assoc Inc is a registered charity in United States, based in East Hills, NY. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 May 2023, Cedarhurst District MGMT Assoc Inc reported income of $103k and spending of $50k, leaving 51% of income unspent that year. Across the 4 years on record, from May 2020 to May 2023, income grew from $89k to $103k (+15%), an average of +4.7% a year. The sharpest change came in the year to May 2022, when income rose by 24%. Over the whole period it spent 54% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cedarhurst District MGMT Assoc Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include MDGLCC Foundation Inc ($103k), Santa Ana Kiwanis Club Foundation ($103k) and Regional Union Construction Centerinc ($103k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $233k against liabilities of $0, net assets of $233k.