These Our Treasures Inc
Analysis
These Our Treasures Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1976, 50 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending September 2023, These Our Treasures Inc reported income of $1.6m and spending of $1.3m, spending 81% of its income. Across the 6 years on record, from June 2019 to September 2023, income fell from $1.9m to $1.6m (-16%), an average of -3.5% a year. The sharpest change came in the year to September 2021, when income rose by 478%. Over the whole period it spent 108% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, These Our Treasures Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Companion Animal Network Inc ($1.6m), Our Daily Bread ($1.6m) and Catholic Charities Serving Portage and Stark Counties ($1.6m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 7.7% and program service revenue 90% of the total. Other salaries and wages came to $679k. At year end it held assets of $4.4m against liabilities of $432k, net assets of $4.0m.
Income and spending
Where the income comes from
- Contributions & grants 7.7%
- Program services 90%
- Other 2.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Companion Animal Network Inc | Flushing | $1.6m |
| Our Daily Bread | Cincinnati | $1.6m |
| Catholic Charities Serving Portage and Stark Counties | Ravenna | $1.6m |
| Habitat for Humanity International Inc | Jefferson Cty | $1.6m |