Stryckers Bay Neighborhood Council Inc

Analysis

Stryckers Bay Neighborhood Council Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1993, 33 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 June 2023, Stryckers Bay Neighborhood Council Inc reported income of $566k and spending of $710k, spending 126% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $559k to $566k (+1.1%), an average of +0.3% a year. The sharpest change came in the year to June 2022, when income rose by 58%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Stryckers Bay Neighborhood Council Inc sits at the 69th percentile: it is larger than about 69% 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 Endeavor Colorado ($565k), Hope Global Initiative ($566k) and Community Support Network Inc ($565k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $141k (20% of expenses). Other salaries and wages came to $332k. At year end it held assets of $75k against liabilities of $296k, net assets of -$221k. It reported 12 employees.