Schoharie County Rural Preservation Corp

Analysis

Schoharie County Rural Preservation Corp is a registered charity in United States, based in Cobleskill, NY. It received its IRS tax-exemption ruling in August 1985, 41 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2024, Schoharie County Rural Preservation Corp reported income of $959k and spending of $854k, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $508k to $959k (+89%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 47%. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Schoharie County Rural Preservation Corp sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include St Francis of Assisi Residences at Braintree II Inc ($958k), Ecumenical Retirement Housing Inc Monona Meadows ($960k) and Restoration Ranch of Ohio Inc ($958k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 54% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $92k (11% of expenses). Other salaries and wages came to $149k. At year end it held assets of $1.6m against liabilities of $110k, net assets of $1.4m. It reported 4 employees.