St Andrews Society of the State of New York
Analysis
St Andrews Society of the State of New York is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1942, 84 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 December 2023, St Andrews Society of the State of New York reported income of $1.1m and spending of $1.3m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.1m (+6.8%), an average of +1.7% a year. The sharpest change came in the year to December 2020, when income rose by 92%. Over the whole period it spent 82% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Andrews Society of the State of New York sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include The Ganz Family Foundation Inc ($1.1m), The Shepherds Center of Hamilton County Inc ($1.1m) and Montessori School of Sonoma Incorporated ($1.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $165k (13% of expenses). Other salaries and wages came to $100k. At year end it held assets of $19.5m against liabilities of $103k, net assets of $19.4m. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 23%
- Program services 4.0%
- Other 73%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Ganz Family Foundation Inc | Miami | $1.1m |
| The Shepherds Center of Hamilton County Inc | Noblesville | $1.1m |
| Montessori School of Sonoma Incorporated | Sonoma | $1.1m |
| Sauk Prairie Memorial Hospital Foundation Ltd | PR du Sac | $1.1m |