Sva Alumni Society Inc

Analysis

Sva Alumni Society Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2016, 10 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sva Alumni Society Inc reported income of $460k and spending of $353k, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $357k to $460k (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sva Alumni Society Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Parent-Child Relationship Association Inc ($460k), Student Statesmanship Institute ($460k) and Old Songs Inc ($459k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $2.4m against liabilities of $225, net assets of $2.4m.