State University College at Oneonta Childrens Center Inc

Analysis

State University College at Oneonta Childrens Center Inc is a registered charity in United States, based in Oneonta, NY. It received its IRS tax-exemption ruling in August 1986, 40 years ago. 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 August 2023, State University College at Oneonta Childrens Center Inc reported income of $1.6m and spending of $1.5m, spending 93% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $987k to $1.6m (+66%), an average of +14% a year. The sharpest change came in the year to August 2022, when income rose by 70%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, State University College at Oneonta Childrens Center Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Florida Music Education Association Inc ($1.6m), Indian River Volunteer Fire Co Inc ($1.6m) and Our Lady of Angels Apartments Inc ($1.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $1.1m against liabilities of $162k, net assets of $895k. It reported 68 employees.