Southern Tier Zoological Society Inc

Analysis

Southern Tier Zoological Society Inc is a registered charity in United States, based in Binghamton, NY. It received its IRS tax-exemption ruling in November 1966, 60 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Southern Tier Zoological Society Inc reported income of $1.1m and spending of $1.7m, spending 159% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.1m (+2.1%), an average of +0.5% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 116% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Southern Tier Zoological Society Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Delaware Zoological Society Inc ($1.1m), Rocket Dog Rescue Inc ($1.1m) and Bonapartes Retreat ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $92k (5.3% of expenses). Other salaries and wages came to $835k. At year end it held assets of $2.4m against liabilities of $1.1m, net assets of $1.3m.