Schnurmacher CRN

Analysis

Schnurmacher CRN is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in June 1990, 36 years ago. 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 December 2023, Schnurmacher CRN reported income of $634k and spending of $45k, leaving 93% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $634k (-48%), an average of -15% a year. The sharpest change came in the year to December 2023, when income rose by 1436%. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Schnurmacher CRN sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Urban-15 Group ($634k), New York State Association of Community Mental Health Centers in ($634k) and James H Harless Foundation Inc ($634k).

At year end it held assets of $3.1m against liabilities of $715k, net assets of $2.4m.