New York to Stay Inc

Analysis

New York to Stay Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2021, 5 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, New York to Stay Inc reported income of $512k and spending of $549k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $447k to $512k (+15%), an average of +14% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New York to Stay Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Shepherds of Independence Nonprofit ($512k), Its About Caring for Kids Inc ($512k) and Coraopolis Community Development Corporation Inc ($512k).

It paid $32k in professional fundraising fees. At year end it held assets of $38k against liabilities of $0, net assets of $38k.