Friends of the Ulysses S Grant Cottage

Analysis

Friends of the Ulysses S Grant Cottage is a registered charity in United States, based in Wilton, NY. It received its IRS tax-exemption ruling in April 1991, 35 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 December 2023, Friends of the Ulysses S Grant Cottage reported income of $198k and spending of $212k, spending 107% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $252k to $198k (-22%), an average of -7.8% a year. The sharpest change came in the year to December 2022, when income rose by 79%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of the Ulysses S Grant Cottage sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Let Our Violence End ($198k), A Loving Choice Adoption Associates Inc ($198k) and Healthy Steps Diaper Bank ($198k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $25k (12% of expenses). Other salaries and wages came to $97k. At year end it held assets of $433k against liabilities of $92k, net assets of $341k. It reported 9 employees.