Naturally Occurring Cultural Districts Ny Inc

Analysis

Naturally Occurring Cultural Districts Ny Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 2017, 9 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, Naturally Occurring Cultural Districts Ny Inc reported income of $285k and spending of $274k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $143k to $285k (+99%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 101%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Naturally Occurring Cultural Districts Ny Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Interior Alaska Bus Line ($285k), Ajc Childrens Foundation Inc ($285k) and Freedom Through Recovery-Susan Ford Recovery Community Organization ($285k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $51k (19% of expenses). At year end it held assets of $274k against liabilities of $5,754, net assets of $268k. It reported 3 employees.