PS 32 Richmond

Analysis

PS 32 Richmond is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in November 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, PS 32 Richmond reported income of $60k and spending of $51k, spending 84% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $47k to $60k (+29%), an average of +29% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, PS 32 Richmond sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Somerville High School Scholarship Foundation ($60k), Lincoln East High Booster Club ($60k) and Signal Mountain Christian Co-Op ($60k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 20% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.