Lifting Up Westchester Inc

Analysis

Lifting Up Westchester Inc is a registered charity in United States, based in White Plains, NY. It received its IRS tax-exemption ruling in October 1982, 44 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lifting Up Westchester Inc reported income of $10.3m and spending of $9.1m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $14.0m to $10.3m (-26%), an average of -7.3% a year. The sharpest change came in the year to December 2022, when income dropped by 26%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lifting Up Westchester Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Seaview Senior Living Housing Development Fund Corporation ($10.3m), Invest DSM ($10.3m) and Reach Riverside Development Corporation ($10.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 9.2% of the total. Compensation of current officers, directors and key employees was $282k (3.1% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $13.2m against liabilities of $1.4m, net assets of $11.8m. It reported 116 employees.