Westchester Management Group Inc

Analysis

Westchester Management Group Inc is a registered charity in United States, based in Sleepy Hollow, NY. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Westchester Management Group Inc reported income of $175k and spending of $194k, spending 111% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income grew from $150k to $175k (+17%), an average of +17% a year. The sharpest change came in the year to September 2023, when income rose by 17%. Over the whole period it spent 117% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Westchester Management Group Inc sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include William Tuke Apartments Inc ($175k), Nonprofit Housing Corporation ($175k) and Foley Housing Partners LLC ($175k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 47% and program service revenue 17% of the total. At year end it held assets of $203k against liabilities of $42k, net assets of $161k.