Immigrant Social Services Inc

Analysis

Immigrant Social Services Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1973, 53 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Immigrant Social Services Inc reported income of $2.5m and spending of $2.4m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $2.5m (+70%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 81%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Immigrant Social Services Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Hospice of Central Iowa Foundation ($2.5m), Central California Family Crisis ($2.5m) and Mid-Western Childrens Home ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 19% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $3.6m against liabilities of $1.2m, net assets of $2.4m. It reported 164 employees.