New York State Wine and Culinary Center Inc

Analysis

New York State Wine and Culinary Center Inc is a registered charity in United States, based in Canandaigua, NY. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover food, agriculture and nutrition, 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, New York State Wine and Culinary Center Inc reported income of $2.7m and spending of $3.1m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.0m to $2.7m (-33%), an average of -9.4% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. 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, New York State Wine and Culinary Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Renville County Community Residence Inc ($2.7m), Casa Protegida Julia de Burgos Inc ($2.7m) and Friendship Circle SD Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $135k (4.4% of expenses). Other salaries and wages came to $763k. At year end it held assets of $7.6m against liabilities of $4.5m, net assets of $3.1m. It reported 84 employees.