Hundred Year Association of New York Inc

Analysis

Hundred Year Association of New York Inc is a registered charity in United States, based in Monroe, CT. It received its IRS tax-exemption ruling in July 1993, 33 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 2023, Hundred Year Association of New York Inc reported income of $58k and spending of $69k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $66k to $58k (-12%), an average of -12% a year. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Hundred Year Association of New York Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within CT. Charities of a similar size with the same main cause include North Central Arkansas Chamber Foundation ($58k), Southwest Development Financing Inc ($58k) and Hui O Hanohano ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $105k against liabilities of $12k, net assets of $93k.