NYC Building and Construction Industry Safety Fund

Analysis

NYC Building and Construction Industry Safety Fund is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 December 2023, NYC Building and Construction Industry Safety Fund reported income of $240k and spending of $103k, leaving 57% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $220k to $240k (+9.0%), an average of +9.0% a year. Over the whole period it spent 23% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, NYC Building and Construction Industry Safety Fund sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include New Mexico Association of Community Partners ($240k), Niagara Orleans Regional Land Improvement Corporation ($240k) and Harbor Community Development Corp ($240k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $718k against liabilities of $2,700, net assets of $715k.