I Cantori Di New York Inc

Analysis

I Cantori Di New York Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1987, 39 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 2024, I Cantori Di New York Inc reported income of $215k and spending of $166k, leaving 23% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $181k to $215k (+19%), an average of +19% a year. The sharpest change came in the year to June 2024, when income rose by 19%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, I Cantori Di New York Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Little League Baseball Inc ($215k), Progress Apartments Inc ($215k) and Butler County Educational Foundation Inc ($215k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 71% and program service revenue 23% of the total. At year end it held assets of $352k against liabilities of $42k, net assets of $310k.