Hamaskpik of Rockland County Inc

Analysis

Hamaskpik of Rockland County Inc is a registered charity in United States, based in Monsey, NY. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Hamaskpik of Rockland County Inc reported income of $81.0m and spending of $76.6m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $66.1m to $81.0m (+23%), an average of +5.2% a year. The sharpest change came in the year to December 2022, when income rose by 60%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hamaskpik of Rockland County Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Financial Accounting Foundation ($80.8m), Cumberland University ($81.1m) and Sacramento Food Bank & Family Services ($80.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $1.9m (2.4% of expenses). Other salaries and wages came to $38.7m. At year end it held assets of $87.0m against liabilities of $6.7m, net assets of $80.3m. It reported 2,188 employees.