Rayim of Hudson Valley Inc

Analysis

Rayim of Hudson Valley Inc is a registered charity in United States, based in Monroe, NY. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rayim of Hudson Valley Inc reported income of $151.0m and spending of $126.2m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $32.2m to $151.0m (+369%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rayim of Hudson Valley Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Young Mens Christian Association of the North ($150.5m), Childrens Home Society of California & Affiliated Chapters ($151.4m) and Delivering Good Inc ($149.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.6% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $543k (0.4% of expenses). Other salaries and wages came to $47.9m. At year end it held assets of $55.3m against liabilities of $25.7m, net assets of $29.6m. It reported 2,143 employees.