Workers Aid of New York

Analysis

Workers Aid of New York is a registered charity in United States, based in Panama, NY. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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, Workers Aid of New York reported income of $197k and spending of $145k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $197k to $197k (-0.1%), an average of -0.1% a year. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Workers Aid of New York sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Worthy Boys Camp of the Police Department Pistol Club of Rock Hil ($197k), Michigan Council on Economic Education ($197k) and Saco Main Street Inc ($197k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $105k against liabilities of $40k, net assets of $65k.