Adelante NYC Inc

Analysis

Adelante NYC Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2008, 18 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 December 2023, Adelante NYC Inc reported income of $176k and spending of $162k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $136k to $176k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. 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, Adelante NYC Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include The Seed Program ($176k), Greenbrook Swim Team Inc ($176k) and Dixon County Agricultural Society ($176k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 13% of the total. At year end it held assets of $100k against liabilities of $11k, net assets of $89k.