SVDP Conference at Spa NYC Inc

Analysis

SVDP Conference at Spa NYC Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 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 September 2023, SVDP Conference at Spa NYC Inc reported income of $68k and spending of $75k, spending 111% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $81k to $68k (-15%), an average of -15% a year. The sharpest change came in the year to September 2023, when income dropped by 15%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, SVDP Conference at Spa NYC Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Bridging a Gap Weekend Feeding Program ($68k), Trinity Lutheran Foundation of Lexington Nebraska ($68k) and Peace Valley Ministries Inc ($68k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.