Nysernet Net Inc

Analysis

Nysernet Net Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nysernet Net Inc reported income of $563k and spending of $161k, leaving 71% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $829k to $563k (-32%), an average of -9.2% a year. The sharpest change came in the year to December 2022, when income dropped by 70%. Over the whole period it spent 16% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nysernet Net Inc sits at the 69th percentile: it is larger than about 69% 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 Citadel Christian School ($563k), Utah Energy Conservation Coalition Corporation ($563k) and Labrats San Diego ($563k).

At year end it held assets of $17.5m against liabilities of $136k, net assets of $17.3m.