Friends of the East River Esplanade 60th-120th Streets Inc

Analysis

Friends of the East River Esplanade 60th-120th Streets Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2013, 13 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, Friends of the East River Esplanade 60th-120th Streets Inc reported income of $135k and spending of $112k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $102k to $135k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of the East River Esplanade 60th-120th Streets Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Winnebago County Children and Our Courts Foundation Incorporated ($135k), Community Payee Partnership ($135k) and Off Center Thrift and Gift ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $136k against liabilities of $0, net assets of $136k.