East 17th Street Properties Inc

Analysis

East 17th Street Properties Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, East 17th Street Properties Inc reported income of $323k and spending of $1.3m, spending 387% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $729k to $323k (-56%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 43%. Over the whole period it spent 269% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, East 17th Street Properties Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Alternating Hemiplegia of Childhood Foundation Inc ($323k), Steven M Gootter Foundation ($323k) and The Niekro Aneurysm and Avm Foundation ($323k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $29.8m against liabilities of $539k, net assets of $29.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.