Throggs Neck Benevolent Association Inc

Analysis

Throggs Neck Benevolent Association Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in December 2019, 7 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 January 2024, Throggs Neck Benevolent Association Inc reported income of $82k and spending of $68k, spending 82% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $72k to $82k (+15%), an average of +3.6% a year. The sharpest change came in the year to January 2023, when income rose by 158%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Throggs Neck Benevolent Association Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Breakthrough Phase II Inc ($82k), Community Outreach Resources Exchange ($82k) and Youth Connection Inc ($82k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $153k against liabilities of $0, net assets of $153k.