State University of New York at Albany Benevolent Association Inc

Analysis

State University of New York at Albany Benevolent Association Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in December 1937, 89 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, State University of New York at Albany Benevolent Association Inc reported income of $53k and spending of $119k, spending 225% of what it took in. Across the 4 years on record, from August 2020 to August 2023, income fell from $95k to $53k (-45%), an average of -18% a year. The sharpest change came in the year to August 2021, when income rose by 47%. Over the whole period it spent 128% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, State University of New York at Albany Benevolent Association Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Center on Educational Assessmentaccountability ($53k), Astor Parent Teacher Student Organization ($53k) and National Alliance for the Advancement of Haitian Professiona ($53k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 1.9% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.