Selfhelp-United Help Kissena Apts

Analysis

Selfhelp-United Help Kissena Apts is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Selfhelp-United Help Kissena Apts reported income of $1.2m and spending of $1.3m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.2m (+13%), an average of +3.2% a year. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Selfhelp-United Help Kissena Apts sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Metropolitan Asian Family Services Inc ($1.2m), The Community Action League ($1.2m) and Seasons Hospice Foundation ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 15% of the total. Other salaries and wages came to $133k. At year end it held assets of $5.8m against liabilities of $8.5m, net assets of -$2.7m. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.