Wic Association of New York State Inc

Analysis

Wic Association of New York State Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in June 1985, 41 years ago. 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, Wic Association of New York State Inc reported income of $98k and spending of $50k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $191k to $98k (-48%), an average of -15% a year. The sharpest change came in the year to December 2020, when income dropped by 49%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wic Association of New York State Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Riddicks Folly Inc ($98k), PTA Texas Congress ($98k) and Christian Tech Center Ministries Inc ($98k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Other salaries and wages came to $4,916. At year end it held assets of $394k against liabilities of $2,151, net assets of $392k. It reported 1 employees.