Uptown Grand Central Corp

Analysis

Uptown Grand Central Corp is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 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, Uptown Grand Central Corp reported income of $834k and spending of $793k, spending 95% of its income. Across the 5 years on record, from December 2018 to December 2023, income grew from $246k to $834k (+239%), an average of +36% a year. The sharpest change came in the year to December 2019, when income rose by 95%. 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, Uptown Grand Central Corp 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 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Blanket Fort Hope ($834k), Lewes Senior Citizens Center Inc ($835k) and Bethesda Family & Community Development Center Inc ($834k).

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 $122k. At year end it held assets of $414k against liabilities of $56k, net assets of $357k. It reported 2 employees.