New York Statewide Senior Action Council Inc

Analysis

New York Statewide Senior Action Council Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in December 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, New York Statewide Senior Action Council Inc reported income of $1.9m and spending of $1.8m, spending 93% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $1.0m to $1.9m (+90%), an average of +24% a year. The sharpest change came in the year to March 2023, when income rose by 52%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New York Statewide Senior Action Council Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Alaska E-Health Network Inc ($1.9m), Historic Columbus Foundation Inc ($1.9m) and Laurel Christian School ($1.9m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 5.0% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $125k (7.0% of expenses). Other salaries and wages came to $806k. At year end it held assets of $709k against liabilities of $182k, net assets of $528k. It reported 15 employees.