Irish Business Organization of New York Inc

Analysis

Irish Business Organization of New York Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1993, 33 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 December 2023, Irish Business Organization of New York Inc reported income of $114k and spending of $90k, leaving 21% of income unspent that year. Across the 3 years on record, from December 2017 to December 2023, income grew from $64k to $114k (+77%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 169%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Irish Business Organization of New York Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Akron Derby Downs BMX Inc ($114k), Dalton Cooperative Nursery School ($114k) and Inclusive World ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.6% and program service revenue 2.8% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.