Biodynamic Association Inc

Analysis

Biodynamic Association Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in June 1947, 79 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 March 2023, Biodynamic Association Inc reported income of $682k and spending of $759k, spending 111% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $862k to $682k (-21%), an average of -5.7% a year. The sharpest change came in the year to March 2022, when income dropped by 60%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Biodynamic Association Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Faith in Action Georgetown ($682k), Kitty S Kids at Shady Grove Incorporated ($683k) and Asista Immigrant Assistance ($682k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 96% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $143k (19% of expenses). Other salaries and wages came to $241k. At year end it held assets of $698k against liabilities of $85k, net assets of $613k. It reported 14 employees.