Discny Incorporated

Analysis

Discny Incorporated is a registered charity in United States, based in Commack, NY. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Discny Incorporated reported income of $247k and spending of $250k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $296k to $247k (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2021, when income rose by 128%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Discny Incorporated sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Onyx Infinity Synchronized Skating ($247k), Michigan USA Wrestling ($247k) and Main Jr Black Bears ($247k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $51k. At year end it held assets of $136k against liabilities of $22k, net assets of $114k. It reported 2 employees.