Neponsit Property Owners Association Inc

Analysis

Neponsit Property Owners Association Inc is a registered charity in United States, based in Neponsit, NY. It received its IRS tax-exemption ruling in January 1943, 83 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Neponsit Property Owners Association Inc reported income of $168k and spending of $110k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $168k (+217%), an average of +218% a year. The sharpest change came in the year to December 2023, when income rose by 217%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Neponsit Property Owners Association Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include A I M Housing Inc ($167k), Presbyterian Community Ministry Inc ($168k) and Cannelton and Neighbors Development Organization Inc ($167k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.0% of the total. At year end it held assets of $151k against liabilities of $0, net assets of $151k.