501 - 507 W 42nd St Realty Group
501(c)(2)
Only null% goes to programs Strong reserves
501 - 507 W 42nd St Realty Group is a 501(c)(2) organization based in New York, New York, registered in 1983, with $609,855 in FY2024 revenue. CharityIndex grades it C+.
501 W 42nd St, New York, NY, 10036 EIN 13-3120148 Since 1983
Revenue (FY2024)
$610K
▲ 24.1% vs prior year
Expenses (FY2024)
$591K
Net assets
$1.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for 501 - 507 W 42nd St Realty Group— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating36 mo reserves · +3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For 501 - 507 W 42nd St Realty Group: 36 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for 501 - 507 W 42nd St Realty Group— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For 501 - 507 W 42nd St Realty Group: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $412K (FY2013) to $610K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $64KNet assets $1.8M
Operating margin
3.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.8M
Total liabilities
$64K
Net assets
$1.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $609,855▲24.1% | $590,856▲14.8% | $1,751,882▲1.1% | $1,815,881▲3.5% | 990 |
| 2023 | $491,263▼2.1% | $514,517▲18.2% | $1,732,883▼1.3% | $1,753,722▼0.5% | 990 |
| 2022 | $502,020▼14.6% | $435,183▼11.4% | $1,756,137▲4.0% | $1,762,675▼6.2% | 990 |
| 2021 | $587,743▲1.4% | $491,085▲12.7% | $1,689,300▲6.1% | $1,880,159▲6.7% | 990 |
| 2020 | $579,712▲2.3% | $435,734▼1.9% | $1,592,642▲9.9% | $1,761,377▼5.5% | 990 |
| 2019 | $566,512▲2.1% | $444,249▲3.0% | $1,448,664▲9.2% | $1,863,056▼3.9% | 990 |
| 2018 | $554,653▲2.9% | $431,470▲1.2% | $1,326,401▲10.3% | $1,939,123▼6.3% | 990 |
| 2017 | $539,007▲2.4% | $426,412▲7.3% | $1,202,620▲10.3% | $2,068,616▼5.1% | 990 |
| 2016 | $526,631▲1.6% | $397,392▲10.3% | $1,090,025▲67.8% | $2,179,176▲11.1% | 990 |
| 2015 | $518,171▲1.9% | $360,236▼1.7% | $649,614▲32.1% | $1,961,966▼7.8% | 990 |
| 2014 | $508,656▲23.6% | $366,480▼5.8% | $491,679▲40.7% | $2,127,804▲5.2% | 990 |
| 2013 | $411,619 | $389,186▲2.6% | $349,503▲39.5% | $2,022,293▲13.2% | 990 |
| 2012 | — | $379,175▲7.1% | $250,611▼20.0% | $1,786,622▼3.4% | 990 |
| 2011 | — | $353,933▲8.1% | $313,157▼27.0% | $1,849,401▲20.2% | 990 |
| 2010 | — | $327,277 | $429,168 | $1,538,727 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is 501 - 507 W 42nd St Realty Group a legitimate nonprofit?
- Yes. 501 - 507 W 42nd St Realty Group is a 501(c)(2) organization registered with the U.S. Internal Revenue Service under EIN 13-3120148, based in New York, New York.
- What is 501 - 507 W 42nd St Realty Group's EIN?
- 501 - 507 W 42nd St Realty Group's Employer Identification Number (EIN) is 13-3120148.
- How much revenue does 501 - 507 W 42nd St Realty Group report?
- 501 - 507 W 42nd St Realty Group reported $609,855 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does 501 - 507 W 42nd St Realty Group have?
- CharityIndex grades 501 - 507 W 42nd St Realty Group C+, based on financial health (reserves and operating margin).
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Data for 501 - 507 W 42nd St Realty Group (EIN 13-3120148) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.