Lower East Side Printshop Inc

Analysis

Lower East Side Printshop Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1976, 50 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 June 2023, Lower East Side Printshop Inc reported income of $491k and spending of $622k, spending 127% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $670k to $491k (-27%), an average of -9.8% a year. The sharpest change came in the year to June 2023, when income dropped by 45%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lower East Side Printshop Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Hospice of Ukiah Inc ($491k), Bridging Community Resources ($491k) and Operation Benjamin Inc ($491k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $78k (13% of expenses). Other salaries and wages came to $114k. At year end it held assets of $233k against liabilities of $87k, net assets of $146k. It reported 8 employees.