Riverton Tenant Association Inc

Analysis

Riverton Tenant Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Riverton Tenant Association Inc reported income of $74k and spending of $64k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $74k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 80% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Riverton Tenant Association Inc sits at the 17th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Ocean View Manor Inc ($74k), Memorial Home Endowment Foundation ($74k) and Ottey Homes Inc ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. At year end it held assets of $9,665 against liabilities of $0, net assets of $9,665.