Queens Royal Priest Hood Inc

Analysis

Queens Royal Priest Hood Inc is a registered charity in United States, based in Far Rockaway, NY. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Queens Royal Priest Hood Inc reported income of $176k and spending of $175k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $273k to $176k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Queens Royal Priest Hood Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include Hamilton Center Foundation Inc ($176k), New Beginnings Christian Care Inc ($176k) and Speak Your Truth Today ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.5% of the total. Compensation of current officers, directors and key employees was $17k (9.8% of expenses). At year end it held assets of $175k against liabilities of $175k, net assets of $0.