Civic East 156th Street Corporation

Analysis

Civic East 156th Street Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Civic East 156th Street Corporation reported income of $1.3m and spending of $997k, leaving 21% of income unspent that year. The sharpest change came in the year to December 2021, when income rose by 299%. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Civic East 156th Street Corporation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include St Vincent Depaul Mission of Bristol Inc ($1.3m), Presbyterian Apartments at 58th Street Inc ($1.3m) and Adams Rescue Mission Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $13.7m against liabilities of $13.3m, net assets of $327k.