Syracuse Northeast Community Center Inc

Analysis

Syracuse Northeast Community Center Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in September 1979, 47 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Syracuse Northeast Community Center Inc reported income of $1.9m and spending of $1.8m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.9m (+73%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Syracuse Northeast Community Center Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Red Slopes Soccer Foundation ($1.9m), Innercity Weightlifting Inc ($1.9m) and Walter Schroeder Aquatic Center Ltd ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $111k (6.0% of expenses). Other salaries and wages came to $883k. At year end it held assets of $1.5m against liabilities of $149k, net assets of $1.4m. It reported 32 employees.