The New School of Syracuse

Analysis

The New School of Syracuse is a registered charity in United States, based in Dewitt, NY. It received its IRS tax-exemption ruling in October 1971, 55 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, The New School of Syracuse reported income of $687k and spending of $374k, leaving 46% of income unspent that year. Across the 5 years on record, from July 2020 to July 2024, income grew from $210k to $687k (+227%), an average of +34% a year. The sharpest change came in the year to July 2024, when income rose by 109%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The New School of Syracuse sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include DFW Business Group on Health ($687k), Artstech ($687k) and Bayville Free Library ($687k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 56% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $55k (15% of expenses). Other salaries and wages came to $171k. At year end it held assets of $617k against liabilities of $16k, net assets of $602k. It reported 12 employees.