Taste of Tribeca Inc

Analysis

Taste of Tribeca Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1992, 34 years ago. 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, Taste of Tribeca Inc reported income of $150k and spending of $161k, spending 107% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $121k to $150k (+23%), an average of +7.3% a year. The sharpest change came in the year to June 2022, when income rose by 6761%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Taste of Tribeca Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Central Intergroup Office of the Desert Inc ($150k), Habitat for Humanity International Inc ($150k) and National Executive Forum Inc ($150k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $194k against liabilities of $164k, net assets of $30k.