Supplies for Success Inc

Analysis

Supplies for Success Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Supplies for Success Inc reported income of $594k and spending of $537k, spending 90% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $489k to $594k (+21%), an average of +6.7% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Supplies for Success Inc sits at the 67th percentile: it is larger than about 67% 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 Pennsylvania Sibling Support Network ($594k), Longview Dream Center Inc ($594k) and New Star Family Center ($593k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $662k against liabilities of $6,200, net assets of $656k.