Schi Disability Services Inc

Analysis

Schi Disability Services Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Schi Disability Services Inc reported income of $4.4m and spending of $4.4m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $4.4m (+160%), an average of +27% a year. The sharpest change came in the year to June 2020, when income rose by 50%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Schi Disability Services Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NJ. Charities of a similar size with the same main cause include Focus North America ($4.4m), Long Beach Island Community Center Inc ($4.4m) and Memorial Elder Health Services ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.2% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $124k (2.8% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $1.3m against liabilities of $3.2m, net assets of -$1.9m. It reported 85 employees.