Syracuse Foundation Inc

Analysis

Syracuse Foundation Inc is a registered charity in United States, based in Syracuse, NE. It received its IRS tax-exemption ruling in April 1986, 40 years ago. 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, Syracuse Foundation Inc reported income of $114k and spending of $67k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $156k to $114k (-27%), an average of -7.5% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Syracuse Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NE. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($114k), The Friends of Boyd Hill Nature Preserve Inc ($114k) and Common Ground Project ($114k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $386k against liabilities of $0, net assets of $386k.