We Stay-Nos Quedamos Inc

Analysis

We Stay-Nos Quedamos Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, We Stay-Nos Quedamos Inc reported income of $1.6m and spending of $1.5m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $582k to $1.6m (+180%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 508%. Over the whole period it spent 66% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, We Stay-Nos Quedamos Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Lemmon Foundation Inc ($1.6m), Linking Employment Abilities & Potential ($1.6m) and Ladies Village Improvement Society of East Hampton Long Island Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $327k (22% of expenses). Other salaries and wages came to $445k. At year end it held assets of $6.9m against liabilities of $115k, net assets of $6.8m. It reported 25 employees.