New York State Science Olympiad Inc

Analysis

New York State Science Olympiad Inc is a registered charity in United States, based in N Bellmore, NY. It received its IRS tax-exemption ruling in March 1997, 29 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 August 2024, New York State Science Olympiad Inc reported income of $211k and spending of $184k, spending 87% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $182k to $211k (+16%), an average of +3.0% a year. The sharpest change came in the year to August 2024, when income rose by 21%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New York State Science Olympiad Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Eastlake Educational Foundation ($211k), Heroes Alliance ($211k) and Anaya Scholars Inc ($211k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 2.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $18k (10% of expenses). At year end it held assets of $354k against liabilities of $0, net assets of $354k.