Citizens Housing and Planning Council of New York Inc

Analysis

Citizens Housing and Planning Council of New York Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1952, 74 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Citizens Housing and Planning Council of New York Inc reported income of $1.3m and spending of $1.6m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.2m to $1.3m (-39%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 31%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Citizens Housing and Planning Council of New York Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Paving Great Futures ($1.3m), Rise Urban Leadership Institute of San Diego ($1.3m) and Pomona Ecomomic Opportunity Center ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $440k (27% of expenses). Other salaries and wages came to $399k. At year end it held assets of $3.1m against liabilities of $561k, net assets of $2.5m. It reported 10 employees.