Belle Sherman After School Program Inc

Analysis

Belle Sherman After School Program Inc is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Belle Sherman After School Program Inc reported income of $386k and spending of $381k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $269k to $386k (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2021, when income rose by 110%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Belle Sherman After School Program Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include The Gathering Source Inc ($386k), Tourette S Foundation for Needy Children Inc ($386k) and We Care Rapid City Inc ($386k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 83% of the total. Other salaries and wages came to $294k. At year end it held assets of $351k against liabilities of $16k, net assets of $334k. It reported 16 employees.