5814 Corporation

Analysis

5814 Corporation is a registered charity in United States, based in Rocky Point, NY. It received its IRS tax-exemption ruling in March 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending June 2024, 5814 Corporation reported income of $190k and spending of $185k, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $146k to $190k (+30%), an average of +6.8% a year. The sharpest change came in the year to June 2022, when income rose by 89%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 5814 Corporation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include The Garden Island Arts Council ($190k), School of Montessori Inc ($190k) and Amateur Athletic Union of the United States ($190k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $1.0m against liabilities of $370k, net assets of $636k.