Save Ellis Island Inc

Analysis

Save Ellis Island Inc is a registered charity in United States, based in Branchville, NJ. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Save Ellis Island Inc reported income of $1.4m and spending of $1.5m, spending 110% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income fell from $1.6m to $1.4m (-17%), an average of -3.6% a year. The sharpest change came in the year to December 2022, when income rose by 74%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Save Ellis Island Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within NJ. Charities of a similar size with the same main cause include Playwrights Realm Inc ($1.4m), African-American Shakespeare Company ($1.4m) and Association for Information Science & Technology ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $235k (16% of expenses). Other salaries and wages came to $408k. At year end it held assets of $1.0m against liabilities of $60k, net assets of $980k. It reported 20 employees.