New York Entomological Society

Analysis

New York Entomological Society is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1944, 82 years ago. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New York Entomological Society reported income of $76k and spending of $5,664, leaving 93% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $117k to $76k (-36%), an average of -10% a year. The sharpest change came in the year to December 2023, when income rose by 195%. Over the whole period it spent 13% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New York Entomological Society sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Soroptimist International of the Americas Inc ($76k), National Newspaper Publishers Association Fund ($76k) and Eleanor Roosevelt Center at Val Kill Inc ($76k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 26% of the total. At year end it held assets of $748k against liabilities of $0, net assets of $748k.