K Rice TR Uw Fbo Schenectady Founda Tion

Analysis

K Rice TR Uw Fbo Schenectady Founda Tion is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in September 1976, 50 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, K Rice TR Uw Fbo Schenectady Founda Tion reported income of $341k and spending of $241k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $245k to $341k (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2021, when income rose by 207%. Over the whole period it spent 47% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, K Rice TR Uw Fbo Schenectady Founda Tion sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include The Syracuse Obedience Training Club Inc ($341k), Camp Notre Dame ($341k) and Aaun Endowment Fund Inc ($341k).

Compensation of current officers, directors and key employees was $54k (22% of expenses). At year end it held assets of $5.8m against liabilities of $0, net assets of $5.8m.