New York State Public High School Athletic Assoc Sec V

Analysis

New York State Public High School Athletic Assoc Sec V is a registered charity in United States, based in Newark, NY. It received its IRS tax-exemption ruling in August 1984, 42 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, New York State Public High School Athletic Assoc Sec V reported income of $2.0m and spending of $1.9m, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.3m to $2.0m (+58%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 287%. Over the whole period it spent 100% 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 Public High School Athletic Assoc Sec V sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Experiment in Self-Reliance Inc ($2.0m), Disability Community Resource Center ($2.0m) and Christian Care Manor II Inc ($2.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.2% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $59k (3.1% of expenses). At year end it held assets of $730k against liabilities of $25k, net assets of $706k. It reported 2 employees.