Kingston Midtown Rising

Analysis

Kingston Midtown Rising is a registered charity in United States, based in Kingston, NY. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Kingston Midtown Rising reported income of $701k and spending of $579k, spending 83% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $231k to $701k (+204%), an average of +74% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Kingston Midtown Rising sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Nonprofit Housing Preservations SB Inc ($701k), Phoenix Revitalization Corporation ($701k) and Rochelle Senior Housing Inc ($701k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. Other salaries and wages came to $357k. At year end it held assets of $339k against liabilities of $0, net assets of $339k. It reported 13 employees.