Maurice Schwartz Towers Incorporated

Analysis

Maurice Schwartz Towers Incorporated is a registered charity in United States, based in Auburn, NY. It received its IRS tax-exemption ruling in August 1992, 34 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Maurice Schwartz Towers Incorporated reported income of $761k and spending of $726k, spending 95% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $712k to $761k (+6.8%), an average of +1.7% a year. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Maurice Schwartz Towers Incorporated sits at the 67th percentile: it is larger than about 67% 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 Lance Housing Corporation ($761k), President Woodrow Wilson Manor ($761k) and 73rd & Dobson Housing Corp ($760k).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 94% of the total. Other salaries and wages came to $204k. At year end it held assets of $4.5m against liabilities of $120k, net assets of $4.4m. It reported 4 employees.