Schoharie River Center Inc

Analysis

Schoharie River Center Inc is a registered charity in United States, based in Esperance, NY. It received its IRS tax-exemption ruling in March 2001, 25 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, Schoharie River Center Inc reported income of $530k and spending of $524k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $199k to $530k (+166%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 96%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Schoharie River Center Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Musyca ($530k), Getty House Foundation ($530k) and Enrichment Center a Creative Focus & a Bright Beginning Foundation ($530k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $72k (14% of expenses). Other salaries and wages came to $290k. At year end it held assets of $304k against liabilities of $146k, net assets of $159k. It reported 20 employees.