Student Association at State University of New York at Albany I

Analysis

Student Association at State University of New York at Albany I is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Student Association at State University of New York at Albany I reported income of $2.7m and spending of $3.6m, spending 132% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.9m to $2.7m (-6.7%), an average of -1.7% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Student Association at State University of New York at Albany I sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Churchs Ministry Among Jewish People ($2.7m), Alaska Laborers Training School ($2.7m) and Shasta College Foundation ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $57k (1.6% of expenses). Other salaries and wages came to $246k. At year end it held assets of $2.5m against liabilities of $172k, net assets of $2.4m. It reported 61 employees.