New York State Restaurant Association Educational Foundt Inc

Analysis

New York State Restaurant Association Educational Foundt Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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, New York State Restaurant Association Educational Foundt Inc reported income of $56k and spending of $51k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $259k to $56k (-79%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 63%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New York State Restaurant Association Educational Foundt Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Dream Academe Inc ($56k), Georgia Cattlemens Foundation Inc ($56k) and Baja Scholarship Foundation ($56k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 5.8% of the total. At year end it held assets of $227k against liabilities of $15k, net assets of $212k.