Fort Schuyler Management Corporation

Analysis

Fort Schuyler Management Corporation is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in November 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, Fort Schuyler Management Corporation reported income of $11.4m and spending of $3.9m, leaving 66% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $73.7m to $11.4m (-85%), an average of -37% a year. The sharpest change came in the year to June 2020, when income dropped by 64%. Over the whole period it spent 114% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fort Schuyler Management Corporation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Shonto Governing Board of Education Inc ($11.4m), Round Lake Charter Inc ($11.4m) and Community Action Partnership of Lake County ($11.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $111.9m against liabilities of $75.8m, net assets of $36.1m.