New York Interschool Association Inc

Analysis

New York Interschool Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1985, 41 years ago. 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, New York Interschool Association Inc reported income of $770k and spending of $799k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $868k to $770k (-11%), an average of -2.9% a year. The sharpest change came in the year to June 2022, when income rose by 66%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New York Interschool Association Inc 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 Mt Soledad Memorial Association ($770k), Vine Life Ministries Inc ($770k) and United Way of Knox County Indiana ($770k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $142k (18% of expenses). Other salaries and wages came to $96k. At year end it held assets of $507k against liabilities of $131k, net assets of $376k.