Greater Ithaca Activities Center Inc

Analysis

Greater Ithaca Activities Center Inc is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in September 1972, 54 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Greater Ithaca Activities Center Inc reported income of $789k and spending of $873k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $896k to $789k (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2022, when income rose by 50%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greater Ithaca Activities Center Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Tri County Protective Agency Inc ($789k), Martial Cottle Park Foundation ($789k) and Manna Ministeries Inc ($789k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.