Upstate Home for Children

Analysis

Upstate Home for Children is a registered charity in United States, based in Oneonta, NY. It received its IRS tax-exemption ruling in September 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Upstate Home for Children reported income of $570k and spending of $607k, spending 107% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $790k to $570k (-28%), an average of -10% a year. The sharpest change came in the year to June 2022, when income rose by 154%. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Upstate Home for Children sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include With You ($570k), Quail Hollow ($570k) and Portland C a R E S ($570k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $12.7m against liabilities of $2.3m, net assets of $10.3m.