Queens Jewish Community Council Inc Project Necessity

Analysis

Queens Jewish Community Council Inc Project Necessity is a registered charity in United States, based in Forest Hills, NY. It received its IRS tax-exemption ruling in March 1972, 54 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Queens Jewish Community Council Inc Project Necessity reported income of $960k and spending of $681k, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $503k to $960k (+91%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Queens Jewish Community Council Inc Project Necessity sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Road to Emmaus Ministry of Syracuse Inc ($960k), Comfort House Inc ($960k) and Changinggears Inc ($960k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $91k (13% of expenses). Other salaries and wages came to $97k. At year end it held assets of $2.5m against liabilities of $391k, net assets of $2.1m. It reported 4 employees.