All Borough Solutions Inc

Analysis

All Borough Solutions Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, All Borough Solutions Inc reported income of $185k and spending of $13k, leaving 93% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $185k (+166%), an average of +166% a year. The sharpest change came in the year to December 2023, when income rose by 166%. Over the whole period it spent 5.4% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, All Borough Solutions Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Cherry Community Organization Inc ($185k), Marie Adelaide Center Inc ($185k) and New Demensions Corporation ($185k).

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 $252k against liabilities of $2,400, net assets of $250k.