Congregations Linked in Urban Strategy to Effect Renewal Inc

Analysis

Congregations Linked in Urban Strategy to Effect Renewal Inc is a registered charity in United States, based in Yonkers, NY. It received its IRS tax-exemption ruling in September 1976, 50 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 December 2023, Congregations Linked in Urban Strategy to Effect Renewal Inc reported income of $7.4m and spending of $7.6m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.9m to $7.4m (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Congregations Linked in Urban Strategy to Effect Renewal Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Kent Youth and Family Services ($7.4m), Young Womens Christian Association ($7.4m) and Yours for Children Inc ($7.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $267k (3.5% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $5.5m against liabilities of $3.0m, net assets of $2.5m. It reported 87 employees.