The Standby Program Inc

Analysis

The Standby Program Inc is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in December 1993, 33 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 August 2024, The Standby Program Inc reported income of $233k and spending of $213k, spending 91% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $214k to $233k (+8.9%), an average of +1.7% a year. The sharpest change came in the year to August 2022, when income dropped by 18%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Standby Program Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Dr Richard Barnett Foundation Inc ($233k), Carthage Free Library ($233k) and Grand Traverse Ski Club & Patrons ($233k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 43% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $55k (26% of expenses). At year end it held assets of $77k against liabilities of $6,058, net assets of $71k. It reported 2 employees.