Cucs Initiatives Inc

Analysis

Cucs Initiatives Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Cucs Initiatives Inc reported income of $804k and spending of $799k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $803k to $804k (+0.1%), an average of +0.0% a year. Over the whole period it spent 87% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cucs Initiatives Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include JHC River Ranch Inc ($804k), Housing Development Foundation Inc ($804k) and Bridging Resources in Communities Inc ($804k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. At year end it held assets of $10.5m against liabilities of $5.9m, net assets of $4.6m.