Yonkers Residential Center Inc

Analysis

Yonkers Residential Center Inc is a registered charity in United States, based in White Plains, NY. It received its IRS tax-exemption ruling in March 1985, 41 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, Yonkers Residential Center Inc reported income of $444k and spending of $433k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.0m to $444k (-78%), an average of -32% a year. The sharpest change came in the year to June 2022, when income dropped by 73%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Yonkers Residential Center Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Hope Center for the Arts ($444k), Lutheran Non-Profit Housing Corp Ann Arbor-Sequoia Place ($444k) and Bethany College Endownment Fund ($444k).

Other salaries and wages came to $127k. At year end it held assets of $908k against liabilities of $950k, net assets of -$42k. It reported 1 employees.