Voisins of Newburgh Inc

Analysis

Voisins of Newburgh Inc is a registered charity in United States, based in Newburgh, NY. It received its IRS tax-exemption ruling in July 1989, 37 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 May 2023, Voisins of Newburgh Inc reported income of $969k and spending of $945k, spending 98% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $838k to $969k (+16%), an average of +3.7% a year. Over the whole period it spent 106% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Voisins of Newburgh Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Moogoong Terrace Inc ($969k), Moving Up Collaborative ($970k) and Calais Methodist Home Inc ($968k).

On its Form 990 for the period ending May 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $164k. At year end it held assets of $1.4m against liabilities of $550k, net assets of $836k. It reported 2 employees.