Nysarc Inc Arc Jefferson-St Lawrence

Analysis

Nysarc Inc Arc Jefferson-St Lawrence is a registered charity in United States, based in Watertown, NY. It received its IRS tax-exemption ruling in March 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Nysarc Inc Arc Jefferson-St Lawrence reported income of $84.7m and spending of $79.3m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $70.6m to $84.7m (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nysarc Inc Arc Jefferson-St Lawrence sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Yedei Chesed Inc ($84.4m), Passavant Memorial Homes ($84.9m) and Lycoming-Clinton Joinder Board ($84.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.8% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $443k (0.6% of expenses). Other salaries and wages came to $48.4m. At year end it held assets of $83.6m against liabilities of $11.3m, net assets of $72.3m. It reported 1,472 employees.