Student Association of Binghamton University Inc

Analysis

Student Association of Binghamton University Inc is a registered charity in United States, based in Binghamton, NY. It received its IRS tax-exemption ruling in October 2015, 11 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 May 2024, Student Association of Binghamton University Inc reported income of $4.3m and spending of $5.0m, spending 115% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income grew from $3.4m to $4.3m (+26%), an average of +6.0% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Student Association of Binghamton University Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Associated Professional Educators of Louisiana ($4.3m), Madonna Learning Center Incorporated ($4.3m) and Performance Academy Eastland ($4.3m).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $132k (2.6% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $4.4m against liabilities of $348k, net assets of $4.1m. It reported 163 employees.