Sepp Management Company Inc

Analysis

Sepp Management Company Inc is a registered charity in United States, based in Binghamton, NY. It received its IRS tax-exemption ruling in October 1992, 34 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2024, Sepp Management Company Inc reported income of $858k and spending of $728k, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $735k to $858k (+17%), an average of +3.9% a year. The sharpest change came in the year to June 2022, when income dropped by 44%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Sepp Management Company Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Women in Hvacr Inc ($858k), Lowlander Center ($858k) and Montgomery County Opportunities Industrialization Center Inc ($858k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $148k (20% of expenses). Other salaries and wages came to $287k. At year end it held assets of $1.2m against liabilities of $160k, net assets of $1.1m. It reported 35 employees.