Royal Charter Properties Westchester Inc

Analysis

Royal Charter Properties Westchester Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1983, 43 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Royal Charter Properties Westchester Inc reported income of $299k and spending of $299k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $330k to $299k (-9.5%), an average of -2.5% a year. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Royal Charter Properties Westchester Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Community Foundation of Eastalabama Inc ($298k), Wolters Charitable TR ($299k) and Parents of Watts Working with Youth and Adults ($298k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $2.7m against liabilities of $12k, net assets of $2.7m.