116th Street Block Association Inc

Analysis

116th Street Block Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1981, 45 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 December 2023, 116th Street Block Association Inc reported income of $136k and spending of $141k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $117k to $136k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 116th Street Block Association Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Alcoholics Anonymous Twenty-Third District Central Steering Committe ($136k), PTA California Congress of Parents Teachers & Students Inc ($136k) and Belvidere Ambulance Corps ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.