Student Govt Assoc of the St Univ of Ny College of Tech at Canton

Analysis

Student Govt Assoc of the St Univ of Ny College of Tech at Canton is a registered charity in United States, based in Canton, NY. It received its IRS tax-exemption ruling in December 1976, 50 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2024, Student Govt Assoc of the St Univ of Ny College of Tech at Canton reported income of $529k and spending of $587k, spending 111% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income fell from $600k to $529k (-12%), an average of -3.1% a year. The sharpest change came in the year to May 2021, when income dropped by 25%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Student Govt Assoc of the St Univ of Ny College of Tech at Canton sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Marian Sutherland Kirby Library ($529k), Christiana Home School Academy Inc ($529k) and The Space Idaho Inc ($529k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. At year end it held assets of $664k against liabilities of $51k, net assets of $613k.

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.