Henry Spenadel Continuing Dental Educ Program-First Dist Dental Soc

Analysis

Henry Spenadel Continuing Dental Educ Program-First Dist Dental Soc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1980, 46 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Henry Spenadel Continuing Dental Educ Program-First Dist Dental Soc reported income of $154k and spending of $259k, spending 168% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $237k to $154k (-35%), an average of -10% a year. The sharpest change came in the year to June 2021, when income dropped by 36%. Over the whole period it spent 209% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Henry Spenadel Continuing Dental Educ Program-First Dist Dental Soc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Visiting Board of the Childrens Hospital ($154k), Independent Order of Odd Fellows ($154k) and Fbi National Academy Associates Michigan Chapter ($154k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $67k (26% of expenses). Other salaries and wages came to $100k. At year end it held assets of $94k against liabilities of $9.3m, net assets of -$9.2m.

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.