Solvay Tigers Athletic Club Inc

Analysis

Solvay Tigers Athletic Club Inc is a registered charity in United States, based in Solvay, NY. It received its IRS tax-exemption ruling in February 1961, 65 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Solvay Tigers Athletic Club Inc reported income of $305k and spending of $230k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $200k to $305k (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 172%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Solvay Tigers Athletic Club Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Girls on the Run of Central Virginia and Blue Ridge ($305k), Camp Eeshay of NJ Inc ($305k) and Arlington Fly-In ($305k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 13% of the total. At year end it held assets of $405k against liabilities of $26k, net assets of $378k.