Yonkers Community Action Program Inc

Analysis

Yonkers Community Action Program Inc is a registered charity in United States, based in Yonkers, NY. It received its IRS tax-exemption ruling in January 1967, 59 years ago. 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 July 2023, Yonkers Community Action Program Inc reported income of $1.9m and spending of $1.8m, spending 98% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $664k to $1.9m (+181%), an average of +30% a year. The sharpest change came in the year to July 2020, when income rose by 47%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Yonkers Community Action Program Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Drug Strategies ($1.9m), Together We Are Greater Than ($1.9m) and Early Childhood Council of Hillsborough County Inc ($1.9m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $94k (5.1% of expenses). Other salaries and wages came to $351k. At year end it held assets of $938k against liabilities of $438k, net assets of $500k. It reported 12 employees.