Center for the Integration and Advancement of New Americans Inc

Analysis

Center for the Integration and Advancement of New Americans Inc is a registered charity in United States, based in Astoria, NY. It received its IRS tax-exemption ruling in February 2008, 18 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 2023, Center for the Integration and Advancement of New Americans Inc reported income of $578k and spending of $598k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $233k to $578k (+148%), an average of +26% a year. The sharpest change came in the year to June 2021, when income rose by 214%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Center for the Integration and Advancement of New Americans Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include SWP Inc Dba Shadow Warriors Project ($578k), Social Development Centers Incorporated ($578k) and Self Awareness and Recovery ($578k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $95k (16% of expenses). Other salaries and wages came to $348k. At year end it held assets of $569k against liabilities of $29k, net assets of $540k. It reported 14 employees.