Sunyit Student Association

Analysis

Sunyit Student Association is a registered charity in United States, based in Utica, NY. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sunyit Student Association reported income of $581k and spending of $560k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $614k to $581k (-5.4%), an average of -1.4% a year. The sharpest change came in the year to June 2020, when income dropped by 19%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sunyit Student Association sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Aisc Education Foundation ($581k), Carnival Educational Fund Inc ($581k) and Infant and Child Nutrition Inc ($581k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $880k against liabilities of $13k, net assets of $867k.