Catskill Center for Independence Inc

Analysis

Catskill Center for Independence Inc is a registered charity in United States, based in Oneonta, NY. It received its IRS tax-exemption ruling in October 1993, 33 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 September 2024, Catskill Center for Independence Inc reported income of $906k and spending of $822k, spending 91% of its income. Across the 5 years on record, from September 2020 to September 2024, income grew from $778k to $906k (+16%), an average of +3.9% a year. The sharpest change came in the year to September 2021, when income rose by 20%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Catskill Center for Independence Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Alliance Community Services ($906k), Mid-State Child Care & Nutrition ($906k) and Shalom Foundation ($906k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 77% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $93k (11% of expenses). Other salaries and wages came to $431k. At year end it held assets of $1.1m against liabilities of $96k, net assets of $1.0m. It reported 14 employees.