Hostos Community College Childrens Center Inc

Analysis

Hostos Community College Childrens Center Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in August 2000, 26 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 June 2023, Hostos Community College Childrens Center Inc reported income of $297k and spending of $765k, spending 257% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.4m to $297k (-78%), an average of -32% a year. The sharpest change came in the year to June 2022, when income dropped by 61%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hostos Community College Childrens Center Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Southern Sudan Mission Inc ($297k), International Medical Alliance of Tennessee ($297k) and Smile of Hopatcong ($297k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $108k (14% of expenses). Other salaries and wages came to $459k. At year end it held assets of $528k against liabilities of $30k, net assets of $498k. It reported 12 employees.