McCloskey Community Services Corp

Analysis

McCloskey Community Services Corp is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3).

In the financial year ending December 2023, McCloskey Community Services Corp reported income of $858k and spending of $727k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $596k to $858k (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, McCloskey Community Services Corp sits at the 76th percentile: it is larger than about 76% 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 Non-Ambulatory Transportation Service Inc ($857k), Las Patronas ($858k) and Delaware Valley Agricultural Society of Walton ($857k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 55% of the total. At year end it held assets of $6.8m against liabilities of $459k, net assets of $6.4m.