Midtown West Parents Assoc Inc

Analysis

Midtown West Parents Assoc Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Midtown West Parents Assoc Inc reported income of $134k and spending of $247k, spending 184% of what it took in. Across the 5 years on record, from June 2018 to June 2023, income fell from $163k to $134k (-18%), an average of -4.7% a year. The sharpest change came in the year to June 2022, when income rose by 1483%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Midtown West Parents Assoc Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include LH Avocado Inc ($134k), Boot Barn Boot Straps Fund ($134k) and Nashville Foster Love Closet and Resource Center ($134k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $340k against liabilities of $0, net assets of $340k.