Elsie K Powell House Inc

Analysis

Elsie K Powell House Inc is a registered charity in United States, based in Old Chatham, NY. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Elsie K Powell House Inc reported income of $498k and spending of $514k, spending 103% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $445k to $498k (+12%), an average of +3.8% a year. The sharpest change came in the year to March 2022, when income rose by 46%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Elsie K Powell House Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Mentorme ($497k), Koach Hatorah Inc ($498k) and Jerusalem Chesed-Chasdei Henny ($497k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 41% and program service revenue 51% of the total. Other salaries and wages came to $231k. At year end it held assets of $1.9m against liabilities of $182k, net assets of $1.7m. It reported 17 employees.