Saratoga Institute Inc

Analysis

Saratoga Institute Inc is a registered charity in United States, based in Saratoga SPGS, NY. It received its IRS tax-exemption ruling in September 1986, 40 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Saratoga Institute Inc reported income of $162k and spending of $249k, spending 154% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $106k to $162k (+53%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 133%. Over the whole period it spent 107% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Saratoga Institute Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Crossroads Career Services Inc ($162k), Rotary Club of Menlo Park Foundation ($162k) and Marathon County Literacy Council Inc ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.0% of the total. At year end it held assets of $79k against liabilities of $7,933, net assets of $72k.