Reciprocity Foundation Inc

Analysis

Reciprocity Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2005, 21 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, Reciprocity Foundation Inc reported income of $139k and spending of $123k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $167k to $139k (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2023, when income rose by 3934%. Over the whole period it spent 210% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reciprocity Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Akola Academy Inc ($139k), Southeast Lake County Faith in Action Volunteers ($139k) and Higher Education Foundation ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $35k (29% of expenses). Other salaries and wages came to $31k. At year end it held assets of $156k against liabilities of $0, net assets of $156k.