Hunts Point Alliance for Children

Analysis

Hunts Point Alliance for Children is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Hunts Point Alliance for Children reported income of $2.2m and spending of $2.1m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $2.2m (+66%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 35%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Hunts Point Alliance for Children sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Zuni Youth Enrichment Project ($2.2m), Ela Soccer Club ($2.2m) and Boys Club of Duluth ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $129k (6.0% of expenses). Other salaries and wages came to $918k. At year end it held assets of $2.8m against liabilities of $366k, net assets of $2.5m. It reported 27 employees.