Canstruction New York Inc

Analysis

Canstruction New York Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2015, 11 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 December 2023, Canstruction New York Inc reported income of $63k and spending of $48k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $63k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Canstruction New York Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Junior Service Club of Edwardsvilleglen Carbon ($63k), Auntie Bec Boutique ($63k) and Pregnancy Helpline of St Joseph County Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. At year end it held assets of $19k against liabilities of $756, net assets of $18k.