Epilepsy Foundation of Northeastern New York Inc

Analysis

Epilepsy Foundation of Northeastern New York Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in December 1982, 44 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, Epilepsy Foundation of Northeastern New York Inc reported income of $1.1m and spending of $1.1m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $1.1m (-8.7%), an average of -2.3% a year. The sharpest change came in the year to December 2022, when income dropped by 16%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Epilepsy Foundation of Northeastern New York Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include The Library Foundation ($1.1m), USA Swimming Inc ($1.1m) and Habitat for Humanity International Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $145k (13% of expenses). Other salaries and wages came to $547k. At year end it held assets of $2.4m against liabilities of $513k, net assets of $1.9m. It reported 12 employees.