Wyandanch Plaza Association Inc

Analysis

Wyandanch Plaza Association Inc is a registered charity in United States, based in Wyandanch, NY. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, Wyandanch Plaza Association Inc reported income of $86k and spending of $76k, spending 88% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $37k to $86k (+135%), an average of +134% a year. The sharpest change came in the year to June 2023, when income rose by 135%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Wyandanch Plaza Association Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Archer Lodge Community Center Inc ($86k), Neighbors Helping Neighbors Furniture & More ($86k) and Centerville Community Development Foundation Inc ($86k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 14% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.