Grand Central District Management Association Inc

Analysis

Grand Central District Management Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1991, 35 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 (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, Grand Central District Management Association Inc reported income of $12.7m and spending of $12.7m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $12.9m to $12.7m (-1.2%), an average of -0.3% a year. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Grand Central District Management Association Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Paramount Community Living and Rehab Inc ($12.7m), Farmworker Housing Development Corporation ($12.8m) and PHS Apple Valley Senior Housing Inc ($12.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $2.1m against liabilities of $2.1m, net assets of $0.