125th Street District Management Association Inc

Analysis

125th Street District Management Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1996, 30 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 June 2023, 125th Street District Management Association Inc reported income of $1.8m and spending of $1.4m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.8m (+37%), an average of +8.1% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, 125th Street District Management Association Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Association of Asian American Investment Managers ($1.8m), Jefferson County Local Development Corporation ($1.8m) and Winners at Work Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.3% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $290k (21% of expenses). Other salaries and wages came to $43k. At year end it held assets of $1.1m against liabilities of $403k, net assets of $648k. It reported 4 employees.