General Needs Ltd

Analysis

General Needs Ltd is a registered charity in United States, based in E Northport, NY. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, General Needs Ltd reported income of $223k and spending of $309k, spending 139% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $210k to $223k (+6.3%), an average of +2.1% a year. The sharpest change came in the year to December 2022, when income rose by 115%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, General Needs Ltd sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Project Place Gatehouse Inc ($223k), Southold Yacht Club Inc ($223k) and Mercy Services Downtown Inc ($223k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $473k against liabilities of $18k, net assets of $455k.