ALS United Greater New York Inc

Analysis

ALS United Greater New York Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2024, 2 years ago. 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 January 2023, ALS United Greater New York Inc reported income of $4.8m and spending of $5.2m, spending 107% of what it took in. Across the 4 years on record, from January 2020 to January 2023, income grew from $4.4m to $4.8m (+11%), an average of +3.5% a year. The sharpest change came in the year to January 2022, when income rose by 66%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, ALS United Greater New York Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($4.8m), Florida International University Academic Health Center Health Care ($4.8m) and Multiple Sclerosis Foundation Inc ($4.8m).

On its Form 990 for the period ending January 2023, revenue came from contributions and grants 115% of the total. Compensation of current officers, directors and key employees was $420k (8.1% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $7.5m against liabilities of $1.6m, net assets of $5.9m. It reported 30 employees.