John E Andrus Memorial Inc

Analysis

John E Andrus Memorial Inc is a registered charity in United States, based in Hastings HDSN, NY. It received its IRS tax-exemption ruling in May 1938, 88 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, John E Andrus Memorial Inc reported income of $34.3m and spending of $32.5m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $29.5m to $34.3m (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, John E Andrus Memorial Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Shelter the Homeless Committee Inc ($34.3m), Huntsman Mental Health Foundation ($34.3m) and Feeding Westchester Inc ($34.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $737k (2.3% of expenses). Other salaries and wages came to $13.6m. At year end it held assets of $49.7m against liabilities of $5.0m, net assets of $44.6m. It reported 267 employees.