Ny Helmets to Hardhats Inc

Analysis

Ny Helmets to Hardhats Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2014, 12 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ny Helmets to Hardhats Inc reported income of $880k and spending of $805k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $681k to $880k (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ny Helmets to Hardhats Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Fish Fairborn Inc ($880k), El Campito Inc ($880k) and Nusenda Foundation ($880k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $392k. At year end it held assets of $1.9m against liabilities of $48k, net assets of $1.8m. It reported 4 employees.