Podiatry Society of the State of New York

Analysis

Podiatry Society of the State of New York is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1987, 39 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 April 2023, Podiatry Society of the State of New York reported income of $421k and spending of $498k, spending 118% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income fell from $510k to $421k (-17%), an average of -4.7% a year. The sharpest change came in the year to April 2023, when income rose by 102%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Podiatry Society of the State of New York sits at the 52nd percentile: it is larger than about 52% 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 Indian River Ambulance Service Inc ($421k), Kolbe Center Inc ($421k) and Prisms Inc ($421k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 40% and program service revenue 59% of the total. At year end it held assets of $194k against liabilities of $64k, net assets of $130k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.