Nytag Inc

Analysis

Nytag Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Nytag Inc reported income of $534k and spending of $428k, spending 80% of its income. Across the 4 years on record, from December 2018 to December 2023, income grew from $112k to $534k (+375%), an average of +68% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 84% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Nytag Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Greater Waco Legal Services ($533k), Atlantic Center for Capital Representation Inc ($534k) and America Scores ($533k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $139k (33% of expenses). Other salaries and wages came to $27k. At year end it held assets of $370k against liabilities of $11k, net assets of $359k. It reported 4 employees.