Cabrini Immigrant Services of New York City Inc

Analysis

Cabrini Immigrant Services of New York City Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cabrini Immigrant Services of New York City Inc reported income of $2.5m and spending of $1.7m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $451k to $2.5m (+451%), an average of +53% a year. The sharpest change came in the year to December 2021, when income rose by 113%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cabrini Immigrant Services of New York City Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Plumfield Inc ($2.5m), Watersprings Ranch Inc ($2.5m) and Interdisciplinary Council on Developmental and Learning ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $93k (5.5% of expenses). Other salaries and wages came to $488k. At year end it held assets of $1.9m against liabilities of $67k, net assets of $1.8m.