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Syracuse Pulp & Paper Foundation Inc-College of Forestry at Syracus

RegisteredEIN 15-6017936Syracuse, NYCommunity and economic development
Income$515k2024-06
Spending$478ksame year
Spent / received110%5-year average
Size in its cause68th pctCommunity and economic development
Exempt since1962Organisation supporting a go
Employees0latest return

Analysis

Syracuse Pulp & Paper Foundation Inc-College of Forestry at Syracus is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in January 1962, 64 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Syracuse Pulp & Paper Foundation Inc-College of Forestry at Syracus reported income of $515k and spending of $478k, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $351k to $515k (+47%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 109%. Over the whole period it spent 110% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Syracuse Pulp & Paper Foundation Inc-College of Forestry at Syracus 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 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Launchspace ($515k), North Buffalo Organization Inc ($515k) and Somerset Inc ($515k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 28% of the total. Other salaries and wages came to $95k. At year end it held assets of $11.7m against liabilities of $63k, net assets of $11.7m.

Income and spending

$0$129k$257k$386k$515k2020 Income: $350,8362020 Spending: $387,40220202021 Income: $250,3942021 Spending: $338,98220212022 Income: $215,2352022 Spending: $354,69620222023 Income: $450,4892023 Spending: $405,42820232024 Income: $514,9452024 Spending: $477,9052024
IncomeSpending

Where the income comes from

  • Contributions & grants 28%
  • Other 72%

Similar-sized charities, same cause

CharityLocationIncome
LaunchspaceOrange$515k
North Buffalo Organization IncBuffalo$515k
Somerset IncSomerset$515k
SBC Community Development Corporation of Richmond HeightsMiami$515k