South Fork Bakery for the Special Needs Corp

Analysis

South Fork Bakery for the Special Needs Corp is a registered charity in United States, based in Sag Harbor, NY. It received its IRS tax-exemption ruling in December 2018, 8 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, South Fork Bakery for the Special Needs Corp reported income of $625k and spending of $574k, spending 92% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $271k to $625k (+131%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, South Fork Bakery for the Special Needs Corp sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Childrens Imagination Station ($624k), Southeast Missouri Family Violence Council Inc ($625k) and Granny Smith Learning Academy & Outreach Inc ($624k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Other salaries and wages came to $308k. At year end it held assets of $249k against liabilities of $19k, net assets of $229k. It reported 36 employees.