Nysernetorg Inc

Analysis

Nysernetorg Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in December 1986, 40 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 December 2023, Nysernetorg Inc reported income of $10.4m and spending of $9.9m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.0m to $10.4m (+4.6%), an average of +1.1% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nysernetorg Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Heights Philadelphia ($10.4m), Seven Arrows Elementary School ($10.4m) and The Primary School-East Palo Alto ($10.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.5% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $1.2m (12% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $26.2m against liabilities of $11.3m, net assets of $14.9m. It reported 19 employees.