Friends of William Alexander Middle School 51 Inc

Analysis

Friends of William Alexander Middle School 51 Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Friends of William Alexander Middle School 51 Inc reported income of $103k and spending of $62k, leaving 40% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $87k to $103k (+19%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of William Alexander Middle School 51 Inc sits at the 43rd percentile: it is larger than about 43% 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 Soroptimist International of Valencia ($103k), Red Light Rebellion ($103k) and Monrovia Band Boosters Inc ($103k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $165k against liabilities of $0, net assets of $165k.