Operation Exodus-Inner City Inc

Analysis

Operation Exodus-Inner City Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Operation Exodus-Inner City Inc reported income of $576k and spending of $772k, spending 134% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $923k to $576k (-38%), an average of -11% a year. The sharpest change came in the year to August 2022, when income rose by 86%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Operation Exodus-Inner City Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include United in Christ Ministry Worldwide Inc ($576k), Mamie a Warren Senior Center ($576k) and Operation Motorsport Program Foundation Inc ($576k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $89k (12% of expenses). Other salaries and wages came to $271k. It paid $62k in professional fundraising fees. At year end it held assets of $1.4m against liabilities of $674k, net assets of $771k. It reported 22 employees.