Southern Tier Foundation Inc

Analysis

Southern Tier Foundation Inc is a registered charity in United States, based in Dunkirk, NY. It received its IRS tax-exemption ruling in December 2005, 21 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 June 2024, Southern Tier Foundation Inc reported income of $150k and spending of $140k, spending 93% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $229k to $150k (-34%), an average of -8.1% a year. The sharpest change came in the year to June 2023, when income rose by 375%. Over the whole period it spent 170% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southern Tier Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Ishpeming Cancer Society ($150k), Utica Karen Baptist Church ($150k) and San Felipe Frydek Volunteer Fire Dept ($150k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1,200 (0.9% of expenses). At year end it held assets of $549k against liabilities of $240k, net assets of $309k.