Little Essentials

Analysis

Little Essentials is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Little Essentials reported income of $802k and spending of $750k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $480k to $802k (+67%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 40%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Little Essentials sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include New Horizons Service Dogs Inc ($802k), Creative Beginnings Childdevelopment Center Inc ($802k) and Ministerial Association of Colusa County ($801k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $166k. At year end it held assets of $395k against liabilities of $0, net assets of $395k. It reported 4 employees.