Malayalee Association of Westchester Inc

Analysis

Malayalee Association of Westchester Inc is a registered charity in United States, based in Dobbs Ferry, NY. It received its IRS tax-exemption ruling in September 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 December 2023, Malayalee Association of Westchester Inc reported income of $53k and spending of $49k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $25k to $53k (+114%), an average of +114% a year. The sharpest change came in the year to December 2023, when income rose by 114%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Malayalee Association of Westchester Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Friends of Santa Claus Inc ($53k), Christian Humanity Aid Organization ($53k) and Care Advocates Inc ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. At year end it held assets of $123k against liabilities of $0, net assets of $123k.