James Lenox House Association Inc

Analysis

James Lenox House Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, James Lenox House Association Inc reported income of $729k and spending of $2.1m, spending 292% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $1.3m to $729k (-43%), an average of -13% a year. The sharpest change came in the year to March 2022, when income rose by 216%. Over the whole period it spent 125% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, James Lenox House Association Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include The Hope Effect ($729k), Colliers Community Services Inc ($729k) and The Arc of Oklahoma Inc ($729k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $189k (8.9% of expenses). Other salaries and wages came to $248k. At year end it held assets of $10.6m against liabilities of $926k, net assets of $9.7m. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.