Spectrum Student Periodical Inc

Analysis

Spectrum Student Periodical Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in June 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2024, Spectrum Student Periodical Inc reported income of $62k and spending of $50k, spending 80% of its income. Across the 3 years on record, from July 2022 to July 2024, income fell from $83k to $62k (-25%), an average of -14% a year. The sharpest change came in the year to July 2023, when income dropped by 23%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Spectrum Student Periodical Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include J Harold Van Zant PTO ($62k), First Step of the Eigtheenth Judicail Circuit Inc ($62k) and Forsyth County Public Library Friends & Advocates ($62k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 81% and program service revenue 17% of the total. At year end it held assets of $72k against liabilities of $3,842, net assets of $68k.