Society of Quantitative Analysts Inc

Analysis

Society of Quantitative Analysts Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in September 1994, 32 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Society of Quantitative Analysts Inc reported income of $77k and spending of $66k, spending 86% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $47k to $77k (+64%), an average of +64% a year. The sharpest change came in the year to June 2023, when income rose by 64%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Society of Quantitative Analysts Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Rochester Main Street ($77k), Sheriffs Office Foundation of Washington County Oregon ($77k) and Desert Cancer Foundation of Arizona Inc ($77k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 64% of the total. At year end it held assets of $116k against liabilities of $0, net assets of $116k.