Selfhelp Community Services Inc

Analysis

Selfhelp Community Services Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2006, 20 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, Selfhelp Community Services Inc reported income of $102.3m and spending of $108.5m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $93.1m to $102.3m (+10.0%), an average of +2.4% a year. 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, Selfhelp Community Services Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Means Database Inc ($102.3m), Adults and Children with Learning and Developmental Disabilities Inc ($102.7m) and Christian & Missionary Alliance Foundation Inc ($101.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $3.1m (2.8% of expenses). Other salaries and wages came to $52.2m. At year end it held assets of $90.3m against liabilities of $65.1m, net assets of $25.3m. It reported 2,159 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.