Public Policy Institute of New York State Inc

Analysis

Public Policy Institute of New York State Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in February 1979, 47 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 December 2023, Public Policy Institute of New York State Inc reported income of $1.7m and spending of $1.6m, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $218k to $1.7m (+689%), an average of +99% a year. The sharpest change came in the year to December 2023, when income rose by 4563%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Public Policy Institute of New York State Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Legal Momentum ($1.7m), Volunteers for Community Impact Inc ($1.7m) and Be a Leader Foundation ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $17k (1.0% of expenses). At year end it held assets of $247k against liabilities of $91k, net assets of $156k.