New York Skyliners Inc

Analysis

New York Skyliners Inc is a registered charity in United States, based in Colonia, NJ. It received its IRS tax-exemption ruling in May 1991, 35 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 September 2023, New York Skyliners Inc reported income of $191k and spending of $100k, leaving 48% of income unspent that year. Across the 3 years on record, from September 2019 to September 2023, income grew from $185k to $191k (+3.2%), an average of +1.6% a year. The sharpest change came in the year to September 2023, when income rose by 1279%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New York Skyliners Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 60th percentile within NJ. Charities of a similar size with the same main cause include Community Needs Agency of Chillicothe Illinois Inc ($191k), Little League Baseball Inc ($191k) and Women of Tomorrow Mentor & Scholarship Program Detroit ($191k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 91% and program service revenue 3.8% of the total. At year end it held assets of $165k against liabilities of $3,300, net assets of $161k.