1215 Seneca Avenue Houses Inc

Analysis

1215 Seneca Avenue Houses Inc is a registered charity in United States, based in Bronx, 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, 1215 Seneca Avenue Houses Inc reported income of $3.3m and spending of $3.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $3.3m (+31%), an average of +6.9% a year. The sharpest change came in the year to June 2020, when income rose by 85%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 1215 Seneca Avenue Houses Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Moms for America ($3.3m), Narrow Gate Foundation ($3.3m) and Salt and Light NFP ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $975k. At year end it held assets of $2.3m against liabilities of $1.8m, net assets of $415k. It reported 48 employees.