League for Better Community Life Inc

Analysis

League for Better Community Life Inc is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in March 1968, 58 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, League for Better Community Life Inc reported income of $562k and spending of $639k, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $722k to $562k (-22%), an average of -6.1% a year. The sharpest change came in the year to June 2023, when income dropped by 23%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, League for Better Community Life Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Good Neighbors Inc ($562k), JK Community Farm ($562k) and Vashon-Maury Senior Center ($561k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $368k. At year end it held assets of $312k against liabilities of $362k, net assets of -$50k. It reported 9 employees.