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Coalition for Fairness in Soho and Noho Inc

RegisteredEIN 87-4359567New York, NYCommunity and economic development
Income$210k2023-12
Spending$177ksame year
Spent / received89%3-year average
Size in its cause52nd pctCommunity and economic development
Exempt since2022Publicly supported organisat
Employees0latest return

Analysis

Coalition for Fairness in Soho and Noho Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2022, 4 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 December 2023, Coalition for Fairness in Soho and Noho Inc reported income of $210k and spending of $177k, spending 84% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $130k to $210k (+62%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 249%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Coalition for Fairness in Soho and Noho Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Relationship Unleashed ($210k), Black Business Association of Los Angeles ($210k) and Bridgton Community Center ($210k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.

Income and spending

$0$128k$256k$383k$511k2021 Income: $130,0292021 Spending: $21,62120212022 Income: $453,4542022 Spending: $511,03520222023 Income: $210,3782023 Spending: $176,6442023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Relationship UnleashedMemphis$210k
Black Business Association of Los AngelesLos Angeles$210k
Bridgton Community CenterBridgton$210k
Rotary/One Foundation IncChicago$211k