Schenectady Community Action Program Inc

Analysis

Schenectady Community Action Program Inc is a registered charity in United States, based in Schenectady, NY. It received its IRS tax-exemption ruling in December 1966, 60 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a governmental unit under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Schenectady Community Action Program Inc reported income of $11.6m and spending of $11.0m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.0m to $11.6m (+16%), an average of +3.8% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Schenectady Community Action Program Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Afya Foundation Inc ($11.6m), Futures Explored Inc ($11.6m) and Parc Community Partnership Foundation ($11.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.1% of the total. Compensation of current officers, directors and key employees was $267k (2.4% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $8.9m against liabilities of $3.3m, net assets of $5.6m. It reported 136 employees.