City of Light Sanctuary Inc

Analysis

City of Light Sanctuary Inc is a registered charity in United States, based in S Ozone Park, NY. It received its IRS tax-exemption ruling in August 2014, 12 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, City of Light Sanctuary Inc reported income of $195k and spending of $20k, leaving 90% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $259k to $195k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 9.6% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, City of Light Sanctuary Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Restore 6-34 Inc ($195k), Family Ties Child Development Center Inc ($195k) and Clay City Early Learning Center Inc ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.2% of the total. At year end it held assets of $771k against liabilities of $80k, net assets of $691k.