My Extended Family

Analysis

My Extended Family is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 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, My Extended Family reported income of $2.3m and spending of $2.6m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $792k to $2.3m (+190%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 60%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, My Extended Family sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Open Circle Adult Day Care ($2.3m), Stanwood Camano Food Bank Services ($2.3m) and St Patrick Senior Center Inc ($2.3m).

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 $74k (2.9% of expenses). Other salaries and wages came to $464k. At year end it held assets of $1.4m against liabilities of $1.3m, net assets of $127k.