Retiremens Club of Astoria

Analysis

Retiremens Club of Astoria is a registered charity in United States, based in Astoria, NY. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Retiremens Club of Astoria reported income of $59k and spending of $40k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $65k to $59k (-8.2%), an average of -8.2% a year. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Retiremens Club of Astoria sits at the 21st percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Least of These Ministries ($59k), Finding Home Institute ($59k) and Kingdom Living Inc ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $268k against liabilities of $0, net assets of $268k.