Camera Club of New York Inc

Analysis

Camera Club of New York Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1966, 60 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 November 2023, Camera Club of New York Inc reported income of $597k and spending of $731k, spending 122% of what it took in. Across the 5 years on record, from November 2019 to November 2023, income grew from $392k to $597k (+52%), an average of +11% a year. The sharpest change came in the year to November 2021, when income rose by 123%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Camera Club of New York Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Teams for Medical Missions ($597k), Psychoanalytic Center of the Carolinas Inc ($597k) and Love Inc of Tulare County ($597k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 97% and program service revenue 5.0% of the total. Compensation of current officers, directors and key employees was $102k (14% of expenses). Other salaries and wages came to $102k. At year end it held assets of $1.5m against liabilities of $867k, net assets of $643k. It reported 5 employees.