Indo-American Senior Citizen Centerof New York Inc

Analysis

Indo-American Senior Citizen Centerof New York Inc is a registered charity in United States, based in Manhasset HL, NY. It received its IRS tax-exemption ruling in July 2007, 19 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, Indo-American Senior Citizen Centerof New York Inc reported income of $158k and spending of $86k, leaving 45% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $117k to $158k (+35%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 57% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Indo-American Senior Citizen Centerof New York Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Benton County Tourism and Recreation Corporation ($158k), Brazos Lions Clubs Foundation ($158k) and Whatcom Family Farmers Education ($158k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 18% of the total. At year end it held assets of $619k against liabilities of $6,985, net assets of $612k.