United Tenants of Albany Inc

Analysis

United Tenants of Albany Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in May 1984, 42 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 (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, United Tenants of Albany Inc reported income of $851k and spending of $854k, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $425k to $851k (+100%), an average of +26% a year. The sharpest change came in the year to June 2021, when income rose by 109%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, United Tenants of Albany Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Alexis Manor Inc ($851k), SMC Equipment Inc ($851k) and Housing Management Services Inc ($851k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $58k (6.8% of expenses). Other salaries and wages came to $265k. At year end it held assets of $459k against liabilities of $83k, net assets of $375k. It reported 13 employees.