New York Council Navy League of the United States Inc

Analysis

New York Council Navy League of the United States Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, New York Council Navy League of the United States Inc reported income of $571k and spending of $805k, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $418k to $571k (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2023, when income rose by 216%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New York Council Navy League of the United States Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include The Stellar Academy for Dyslexics ($571k), Breakwater Sailing Center Inc ($571k) and National Assistance League ($571k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 4.6% of the total. Other salaries and wages came to $190k. At year end it held assets of $4.6m against liabilities of $9,999, net assets of $4.6m. It reported 3 employees.