Throggs Neck Disrict Management Association Inc

Analysis

Throggs Neck Disrict Management Association Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in June 2020, 6 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 June 2024, Throggs Neck Disrict Management Association Inc reported income of $418k and spending of $371k, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $200k to $418k (+109%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 69%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Throggs Neck Disrict Management Association Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Rutland Makers Inc ($417k), Chico Economic Planning Corporation ($418k) and Akahiao Nature Institute ($417k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $104k (28% of expenses). At year end it held assets of $257k against liabilities of $3,394, net assets of $254k. It reported 2 employees.