New York Taxi Workers Alliance Inc

Analysis

New York Taxi Workers Alliance Inc is a registered charity in United States, based in Long Is City, NY. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, New York Taxi Workers Alliance Inc reported income of $1.3m and spending of $1.9m, spending 145% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.3m (-12%), an average of -3.3% a year. The sharpest change came in the year to December 2021, when income rose by 100%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New York Taxi Workers Alliance Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Fast Blackfeet ($1.3m), Portuguese Organization for Social Services and Opportunities ($1.3m) and United Church Outreach Ministry Incorporated ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $142k (7.4% of expenses). Other salaries and wages came to $712k. At year end it held assets of $433k against liabilities of $345k, net assets of $88k. It reported 28 employees.