Do for One NYC

Analysis

Do for One NYC is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2017, 9 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, Do for One NYC reported income of $272k and spending of $220k, spending 81% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $209k to $272k (+30%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Do for One NYC sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Kingwood High School Theatre Arts Booster Club Inc ($272k), West Michigan Livestock Council ($272k) and Hospice and Palliative Care Foundation ($272k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $73k (33% of expenses). Other salaries and wages came to $74k. At year end it held assets of $286k against liabilities of $1, net assets of $286k.