Binghamton Regional Sustainability Coalition

Analysis

Binghamton Regional Sustainability Coalition is a registered charity in United States, based in Binghamton, NY. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Binghamton Regional Sustainability Coalition reported income of $287k and spending of $274k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $146k to $287k (+96%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Binghamton Regional Sustainability Coalition sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Lake Champlain Lifelong Learning Fund Inc ($287k), Windsor Improvement Corporation ($287k) and The Chattery ($286k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $117k (42% of expenses). Other salaries and wages came to $69k. At year end it held assets of $115k against liabilities of $0, net assets of $115k. It reported 16 employees.