Sutphin Boulevard District Management Association Inc

Analysis

Sutphin Boulevard District Management Association Inc is a registered charity in United States, based in Jamaica, NY. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 June 2023, Sutphin Boulevard District Management Association Inc reported income of $489k and spending of $579k, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $264k to $489k (+85%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 85%. Over the whole period it spent 108% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Sutphin Boulevard District Management Association Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Dorchester Economic Development Corporation ($489k), Charity Works Inc ($489k) and Friends of Dugas Community Park Inc ($489k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.0% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $55k (9.5% of expenses). Other salaries and wages came to $30k. At year end it held assets of $267k against liabilities of $84k, net assets of $183k. It reported 2 employees.