Wyoming County Business Center Inc

Analysis

Wyoming County Business Center Inc is a registered charity in United States, based in Warsaw, NY. It received its IRS tax-exemption ruling in October 2007, 19 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wyoming County Business Center Inc reported income of $135k and spending of $96k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $102k to $135k (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 72% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wyoming County Business Center Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Well of North Louisiana Inc ($135k), Ukrainian Genocide Famine Foundation USA Inc ($135k) and Spokane Rotary Foundation ($135k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 41% of the total. At year end it held assets of $950k against liabilities of $12k, net assets of $938k.