Manhasset Student Aid Association Inc

Analysis

Manhasset Student Aid Association Inc is a registered charity in United States, based in Manhasset, NY. It received its IRS tax-exemption ruling in June 1966, 60 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Manhasset Student Aid Association Inc reported income of $79k and spending of $47k, leaving 41% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $56k to $79k (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2023, when income rose by 69%. Over the whole period it spent 114% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Manhasset Student Aid Association Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Ohio End of Life Options ($79k), Tbird Dance ($79k) and Green Valley Parent-Teacher Club ($79k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $257k against liabilities of $0, net assets of $257k.