New York City Mission Society

Analysis

New York City Mission Society is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1942, 84 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, New York City Mission Society reported income of $13.4m and spending of $11.3m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.9m to $13.4m (+70%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 53%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New York City Mission Society sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Serving Seniors ($13.4m), Bridgeway Academy ($13.4m) and The League for People with Disabilities Inc ($13.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $1.1m (10.0% of expenses). Other salaries and wages came to $6.1m. At year end it held assets of $52.2m against liabilities of $602k, net assets of $51.6m. It reported 584 employees.