Nonprofit Association of Westchester Inc

Analysis

Nonprofit Association of Westchester Inc is a registered charity in United States, based in Briarcliff, NY. It received its IRS tax-exemption ruling in March 2013, 13 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nonprofit Association of Westchester Inc reported income of $625k and spending of $601k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $290k to $625k (+116%), an average of +47% a year. The sharpest change came in the year to December 2022, when income rose by 111%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Nonprofit Association of Westchester Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Oregon Association of Area Agencies on Aging Inc ($625k), Tulsa Neighborhood Networks Inc ($625k) and Fort Hood Region Economic Development Foundation ($625k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $111k (18% of expenses). Other salaries and wages came to $99k. At year end it held assets of $344k against liabilities of $141k, net assets of $202k. It reported 3 employees.