Metropolitan New York Coordinating Council on Jewish Poverty

Analysis

Metropolitan New York Coordinating Council on Jewish Poverty is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 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, Metropolitan New York Coordinating Council on Jewish Poverty reported income of $40.5m and spending of $37.5m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.3m to $40.5m (+109%), an average of +20% a year. The sharpest change came in the year to June 2020, when income rose by 72%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Metropolitan New York Coordinating Council on Jewish Poverty sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Champaign Residential Services Inc ($40.5m), Baptist Community Services ($40.6m) and The Accreditation Commission for Health Care Inc ($40.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $995k (2.7% of expenses). Other salaries and wages came to $9.4m. At year end it held assets of $73.7m against liabilities of $48.6m, net assets of $25.1m. It reported 245 employees.