Yonkers Larkin Garage Inc

Analysis

Yonkers Larkin Garage Inc is a registered charity in United States, based in Yonkers, NY. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Yonkers Larkin Garage Inc reported income of $656k and spending of $461k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $561k to $656k (+17%), an average of +4.0% a year. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Yonkers Larkin Garage Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Elyria Catholic High School Educational Endowment Foundation ($656k), Keep Pearland Beautiful ($656k) and Des Moines Symphony Association Foundation ($656k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $10.7m against liabilities of $14.1m, net assets of -$3.3m.