Things of My Very Own Inc

Analysis

Things of My Very Own Inc is a registered charity in United States, based in Schenectady, NY. It received its IRS tax-exemption ruling in September 2008, 18 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, Things of My Very Own Inc reported income of $916k and spending of $461k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $676k to $916k (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2020, when income rose by 85%. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Things of My Very Own Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include North County Emergency Outreach Network ($916k), District of Vincennes of the Society of St Vincent de Paul Inc ($916k) and A Childs Voice Child Advocacy Center Inc ($916k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $90k (20% of expenses). Other salaries and wages came to $77k. At year end it held assets of $2.2m against liabilities of $19k, net assets of $2.2m. It reported 13 employees.