Metropolitan Section of New York and New Jersey Institute of Transp

Analysis

Metropolitan Section of New York and New Jersey Institute of Transp is a registered charity in United States, based in West Islip, NY. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 December 2023, Metropolitan Section of New York and New Jersey Institute of Transp reported income of $81k and spending of $80k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $82k to $81k (-1.3%), an average of -1.3% a year. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Metropolitan Section of New York and New Jersey Institute of Transp sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Arts Accelerator Inc ($81k), Acadiana Indian Association ($81k) and Academy of Science and Engineering ($81k).

At year end it held assets of $105k against liabilities of $0, net assets of $105k.