Seventh Avenue Center for Family Services

Analysis

Seventh Avenue Center for Family Services is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in December 2003, 23 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 June 2022, Seventh Avenue Center for Family Services reported income of $1.4m and spending of $1.3m, spending 94% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $808k to $1.4m (+70%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 80%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seventh Avenue Center for Family Services sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Life Line Inc ($1.4m), Megs House ($1.4m) and Rainbow Abilities Center Inc ($1.4m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $566k. At year end it held assets of $538k against liabilities of $222k, net assets of $316k. It reported 15 employees.