South St Lawrence Planning Corp

Analysis

South St Lawrence Planning Corp is a registered charity in United States, based in Star Lake, NY. It received its IRS tax-exemption ruling in August 1980, 46 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, South St Lawrence Planning Corp reported income of $206k and spending of $221k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $198k to $206k (+4.0%), an average of +1.0% a year. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, South St Lawrence Planning Corp sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Family Promise of Lewis Clark Valley Inc ($206k), Owatonna Senior Housing Inc ($206k) and Olde Town Village Housing Inc ($206k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $46k. At year end it held assets of $851k against liabilities of $78k, net assets of $772k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.