Noho Ny District Management

Analysis

Noho Ny District Management is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1998, 28 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, Noho Ny District Management reported income of $676k and spending of $707k, spending 104% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $560k to $676k (+21%), an average of +6.5% a year. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Noho Ny District Management sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include South-Central Idaho Tourism and Recreational Development Assoc Inc ($676k), Hearth Patio & Barbeque Education Foundation ($677k) and Goler-Depot Street Renaissance Corporation ($676k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $108k (15% of expenses). Other salaries and wages came to $71k. At year end it held assets of $807k against liabilities of $276k, net assets of $531k. It reported 3 employees.