New York State Federation of Growers and Processors Association

Analysis

New York State Federation of Growers and Processors Association is a registered charity in United States, based in Schenectady, NY. It received its IRS tax-exemption ruling in March 1979, 47 years ago. 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 March 2023, New York State Federation of Growers and Processors Association reported income of $21.1m and spending of $20.7m, spending 98% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $17.8m to $21.1m (+18%), an average of +5.8% a year. The sharpest change came in the year to March 2023, when income rose by 17%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New York State Federation of Growers and Processors Association sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Outside in ($21.1m), Desertarc ($21.1m) and Ascension Living Providence Village ($21.1m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 97% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $268k (1.3% of expenses). Other salaries and wages came to $13.7m. At year end it held assets of $8.5m against liabilities of $6.2m, net assets of $2.3m. It reported 375 employees.