New York Foundation for Senior Citizens Home Attendant Services I

Analysis

New York Foundation for Senior Citizens Home Attendant Services I is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1982, 44 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, New York Foundation for Senior Citizens Home Attendant Services I reported income of $45.4m and spending of $44.2m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $45.8m to $45.4m (-0.9%), an average of -0.2% a year. 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, New York Foundation for Senior Citizens Home Attendant Services I sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include University Surgical Associates Inc ($45.4m), San Fernando Valley Community Mental Health Center Inc ($45.4m) and Senior Care Connection Inc ($45.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $65k (0.1% of expenses). Other salaries and wages came to $34.2m. At year end it held assets of $28.3m against liabilities of $7.4m, net assets of $20.8m. It reported 1,315 employees.