Aspira of New York,inc

Analysis

Aspira of New York,inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1966, 60 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, Aspira of New York,inc reported income of $8.6m and spending of $7.9m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.6m to $8.6m (-0.1%), an average of +-0.0% a year. The sharpest change came in the year to June 2020, when income dropped by 16%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Aspira of New York,inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include North American Family Institute Inc ($8.6m), Catskill Area Hospice and Palliative Care Inc ($8.6m) and Family Services of the Merrimack Valley Inc ($8.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $188k (2.4% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $3.8m against liabilities of $2.8m, net assets of $1.0m. It reported 342 employees.