The Family Service Association of Oneonta New York Inc

Analysis

The Family Service Association of Oneonta New York Inc is a registered charity in United States, based in Oneonta, NY. It received its IRS tax-exemption ruling in March 1948, 78 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 December 2023, The Family Service Association of Oneonta New York Inc reported income of $478k and spending of $445k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $371k to $478k (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Family Service Association of Oneonta New York Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Simpson Rural Fire Department Inc ($478k), Assisi Homes Inc ($478k) and Carter G Woodson Athletic Booster Club ($478k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 6.4% of the total. Compensation of current officers, directors and key employees was $62k (14% of expenses). Other salaries and wages came to $85k. At year end it held assets of $532k against liabilities of $8,287, net assets of $524k. It reported 4 employees.