Fishers Island Community Center Inc

Analysis

Fishers Island Community Center Inc is a registered charity in United States, based in Fishers Isle, NY. It received its IRS tax-exemption ruling in May 2006, 20 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, Fishers Island Community Center Inc reported income of $820k and spending of $834k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $544k to $820k (+51%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fishers Island Community 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 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Highland County Domestic Violence Task Force ($820k), Case Management Options of Kentucky ($820k) and Bethel S Global Reach Inc ($820k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $75k (9.0% of expenses). Other salaries and wages came to $193k. At year end it held assets of $7.1m against liabilities of $98k, net assets of $7.0m. It reported 10 employees.