New York State Tenants & Neighbors Information Service Inc

Analysis

New York State Tenants & Neighbors Information Service Inc is a registered charity in United States, based in Long Island City, NY. It received its IRS tax-exemption ruling in October 1993, 33 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, New York State Tenants & Neighbors Information Service Inc reported income of $299k and spending of $321k, spending 107% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $458k to $299k (-35%), an average of -13% a year. The sharpest change came in the year to June 2022, when income dropped by 19%. Over the whole period it spent 105% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, New York State Tenants & Neighbors Information Service Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Neighborhood Investment Corporation ($299k), Startup San Diego ($299k) and Polaris Team Inc ($299k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $65k (20% of expenses). Other salaries and wages came to $60k. At year end it held assets of $405k against liabilities of $73k, net assets of $332k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.