Suffolk Association of School Business Officials Inc

Analysis

Suffolk Association of School Business Officials Inc is a registered charity in United States, based in Huntington Station, NY. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Suffolk Association of School Business Officials Inc reported income of $91k and spending of $86k, spending 94% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $69k to $91k (+33%), an average of +15% a year. The sharpest change came in the year to June 2024, when income rose by 29%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Suffolk Association of School Business Officials Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include The Hord Foundation Inc ($91k), Benzie County Central Schools Educational Foundation Inc ($91k) and Lincoln Street Complex PCC Inc ($91k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.1% and program service revenue 12% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.