Western New York Grantmakers Association Inc

Analysis

Western New York Grantmakers Association Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in July 1989, 37 years ago. 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, Western New York Grantmakers Association Inc reported income of $1.9m and spending of $1.8m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $831k to $1.9m (+129%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Western New York Grantmakers Association Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Medical Foundation of Chattanooga Inc ($1.9m), Meadow Montessori School ($1.9m) and Family Service & Mental Health Center of Cicero ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $141k (7.8% of expenses). Other salaries and wages came to $386k. At year end it held assets of $2.1m against liabilities of $1.3m, net assets of $815k. It reported 7 employees.