North Yonkers Community Fund

Analysis

North Yonkers Community Fund is a registered charity in United States, based in Yonkers, NY. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, North Yonkers Community Fund reported income of $69k and spending of $68k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $69k (+58%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Yonkers Community Fund sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Galena High School Five Star Boosters ($69k), John Marshall High Alumni Association ($69k) and Cherry Creek Lacrosse Booster Club Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 16% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.