Lewy Body Dementia Resource Center of New York Inc

Analysis

Lewy Body Dementia Resource Center of New York Inc is a registered charity in United States, based in Northport, NY. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lewy Body Dementia Resource Center of New York Inc reported income of $249k and spending of $310k, spending 124% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $248k to $249k (+0.5%), an average of +0.3% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lewy Body Dementia Resource Center of New York Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Pregnancy Hope Center ($249k), Mayfair Womens Clinic Inc ($249k) and Racing for Kids ($249k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $23k (7.4% of expenses). At year end it held assets of $264k against liabilities of $38k, net assets of $226k. It reported 1 employees.