New York City District Council of Carpenters Charity Fund

Analysis

New York City District Council of Carpenters Charity Fund is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2005, 21 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 June 2023, New York City District Council of Carpenters Charity Fund reported income of $466k and spending of $352k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $555k to $466k (-16%), an average of -4.3% a year. The sharpest change came in the year to June 2021, when income dropped by 100%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New York City District Council of Carpenters Charity Fund sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Lets Thrive Baltimore Inc ($466k), Animals As Natural Therapy ($466k) and Irvington My Brothers Keeper Inc ($466k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $982k against liabilities of $348k, net assets of $634k.