440 State Street

Analysis

440 State Street is a registered charity in United States, based in Schenectady, NY. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, 440 State Street reported income of $65k and spending of $61k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $65k (+10%), an average of +10% a year. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, 440 State Street sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include American Chemical Society ($65k), Salome Chamber Orchestra Inc ($65k) and Past Forward ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $33k against liabilities of $7,912, net assets of $25k.