Staten Island Communituy Services Friendship Clubs Inc

Analysis

Staten Island Communituy Services Friendship Clubs Inc is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in October 1975, 51 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Staten Island Communituy Services Friendship Clubs Inc reported income of $3.7m and spending of $3.8m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $3.7m (+35%), an average of +7.8% a year. The sharpest change came in the year to June 2023, when income rose by 37%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Staten Island Communituy Services Friendship Clubs Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Senior Services of Island County ($3.7m), Gotham Food Pantry ($3.7m) and Duneland YMCA Inc ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 5.2% of the total. Compensation of current officers, directors and key employees was $211k (5.6% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $1.7m against liabilities of $1.5m, net assets of $143k. It reported 125 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.