Mount Kisco Elementary School Assoc Inc

Analysis

Mount Kisco Elementary School Assoc Inc is a registered charity in United States, based in Mount Kisco, NY. It received its IRS tax-exemption ruling in January 1998, 28 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 2023, Mount Kisco Elementary School Assoc Inc reported income of $72k and spending of $84k, spending 116% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $59k to $72k (+23%), an average of +7.0% a year. The sharpest change came in the year to June 2022, when income rose by 182%. Over the whole period it spent 126% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mount Kisco Elementary School Assoc Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include New Oxford Athletic Booster Club ($72k), Jimmie Lee Smith Community Center Incorporated ($72k) and Friends of the Waco Public Library Inc ($72k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. At year end it held assets of $155k against liabilities of $12k, net assets of $142k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.