Rebuilding Together NYC

Analysis

Rebuilding Together NYC is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 1998, 28 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Rebuilding Together NYC reported income of $2.1m and spending of $2.7m, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $2.1m (-9.8%), an average of -2.5% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 107% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rebuilding Together NYC sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Marin Center for Independent Living ($2.1m), Tampa Presbyterian Community Inc ($2.1m) and Foundation for Affordable Housing VI Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $341k (13% of expenses). Other salaries and wages came to $706k. At year end it held assets of $377k against liabilities of $418k, net assets of -$40k. It reported 14 employees.