Council 1869 Inc

Analysis

Council 1869 Inc is a registered charity in United States, based in Garden City, NY. It received its IRS tax-exemption ruling in February 2023, 3 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Council 1869 Inc reported income of $421k and spending of $68k, leaving 84% of income unspent that year. Across the 2 years on record, from June 2023 to December 2023, income grew from $213k to $421k (+98%), an average of +98% a year. The sharpest change came in the year to December 2023, when income rose by 98%. Over the whole period it spent 27% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Council 1869 Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include 100 Ride Inc ($421k), Educational Charitable and Humanitarian Organization ($421k) and The CDM Foundation ($421k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% of the total. Other salaries and wages came to $51k. At year end it held assets of $464k against liabilities of $0, net assets of $464k.