Selfhelp Community Services Foundation Inc

Analysis

Selfhelp Community Services Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1957, 69 years ago. 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, Selfhelp Community Services Foundation Inc reported income of $5.4m and spending of $2.9m, leaving 47% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $5.4m (+191%), an average of +31% a year. The sharpest change came in the year to June 2021, when income rose by 576%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Selfhelp Community Services Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Wine Spectator California Scholarship Foundation ($5.4m), Young Womens Christian Association of Binghamton and Broome County ($5.4m) and KCCDD Inc ($5.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $292k (10% of expenses). Other salaries and wages came to $511k. It paid $96k in professional fundraising fees. At year end it held assets of $15.3m against liabilities of $183k, net assets of $15.1m. It reported 4 employees.