New York City Service Organization Inc

Analysis

New York City Service Organization Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2016, 10 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 December 2023, New York City Service Organization Inc reported income of $75k and spending of $82k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $75k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New York City Service Organization Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Asylum Hill Neighborhood Association Inc ($75k), Society of St Vincent de Paul of Waukesha County Inc ($75k) and Harborside Apartments Inc ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. At year end it held assets of $27k against liabilities of $16k, net assets of $12k.