New Settlement Community Campus Corp

Analysis

New Settlement Community Campus Corp is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, New Settlement Community Campus Corp reported income of $664k and spending of $1.2m, spending 184% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $688k to $664k (-3.5%), an average of -0.9% a year. The sharpest change came in the year to December 2020, when income rose by 68%. Over the whole period it spent 134% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, New Settlement Community Campus Corp sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Bend Swim Club Inc ($663k), Team Colorado Volleyball ($664k) and Lowcountry Hockey Association Inc ($663k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $12.6m against liabilities of $15k, net assets of $12.6m.

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.