Streetlives

Analysis

Streetlives is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2022, 4 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, Streetlives reported income of $529k and spending of $407k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $152k to $529k (+247%), an average of +247% a year. The sharpest change came in the year to December 2023, when income rose by 247%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Streetlives sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Restore Innocence ($529k), Dream Catchers Edh ($529k) and Chair the Love Inc ($528k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $70k (17% of expenses). Other salaries and wages came to $93k. At year end it held assets of $327k against liabilities of $0, net assets of $327k. It reported 7 employees.