Upper Manhattan Together Inc

Analysis

Upper Manhattan Together Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2000, 26 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 December 2021, Upper Manhattan Together Inc reported income of $382k and spending of $326k, spending 85% of its income. Across the 3 years on record, from December 2019 to December 2021, income grew from $246k to $382k (+55%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Upper Manhattan Together Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Western Conference of Public Service Commissioners ($382k), Kiwanis Club of Lehigh Acres Foundation Inc ($382k) and Rural Peoples Platform ($382k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $108k (33% of expenses). Other salaries and wages came to $68k. At year end it held assets of $136k against liabilities of $26k, net assets of $110k. It reported 7 employees.