Student Senate Association of Purchase Inc-State U of Ny

Analysis

Student Senate Association of Purchase Inc-State U of Ny is a registered charity in United States, based in Purchase, NY. It received its IRS tax-exemption ruling in November 1978, 48 years ago. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Student Senate Association of Purchase Inc-State U of Ny reported income of $741k and spending of $760k, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $740k to $741k (+0.1%), an average of +0.0% a year. The sharpest change came in the year to June 2022, when income rose by 55%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Student Senate Association of Purchase Inc-State U of Ny sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Homestretch Inc ($741k), Thelma B Pittman Jupiter Pre-School Inc ($741k) and Saint Ann School Foundation Inc ($740k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $29k (3.8% of expenses). Other salaries and wages came to $167k. At year end it held assets of $791k against liabilities of $19k, net assets of $771k. It reported 117 employees.