Sixth Street Community Center Inc

Analysis

Sixth Street Community Center Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1984, 42 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Sixth Street Community Center Inc reported income of $635k and spending of $527k, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $349k to $635k (+82%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 56%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sixth Street Community Center Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Rose of Sharon Inc ($635k), Loaves Fishes & Computers Inc ($635k) and Wyoming Food for Thought Project ($635k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $16k (3.1% of expenses). Other salaries and wages came to $122k. At year end it held assets of $769k against liabilities of $1.8m, net assets of -$986k. It reported 4 employees.