Candlelighters of New York City Inc

Analysis

Candlelighters of New York City Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Candlelighters of New York City Inc reported income of $557k and spending of $509k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $477k to $557k (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2020, when income rose by 22%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Candlelighters of New York City Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Christiana Community Ambulance Asso C Inc ($557k), Care Management Coalition of Western New York Inc ($557k) and Freedom From Bondage Inc ($557k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $96k (19% of expenses). At year end it held assets of $464k against liabilities of $135k, net assets of $330k. It reported 1 employees.