Westchester Public-Private Membership Fund-Aging Services Inc

Analysis

Westchester Public-Private Membership Fund-Aging Services Inc is a registered charity in United States, based in Mount Vernon, NY. It received its IRS tax-exemption ruling in January 1992, 34 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 December 2023, Westchester Public-Private Membership Fund-Aging Services Inc reported income of $1.5m and spending of $1.4m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.5m (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Westchester Public-Private Membership Fund-Aging Services Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Three Square Plan Giving ($1.5m), Safe Harbor Family Crisis Center Ltd ($1.5m) and Gabriel Project Kansas City ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $50k (3.6% of expenses). At year end it held assets of $1.4m against liabilities of $368k, net assets of $1.1m.