NYC Kids Rise Inc

Analysis

NYC Kids Rise Inc is a registered charity in United States, based in Long Is City, NY. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, NYC Kids Rise Inc reported income of $20.8m and spending of $17.1m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.6m to $20.8m (+478%), an average of +55% a year. The sharpest change came in the year to June 2022, when income rose by 443%. Over the whole period it spent 76% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, NYC Kids Rise Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Bergens Promise Inc ($20.7m), Stand for the Silent Inc ($20.9m) and New Life Centers of Chicagoland NFP ($20.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $778k (4.6% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $36.8m against liabilities of $23.1m, net assets of $13.6m. It reported 28 employees.