New York State Usbc Inc

Analysis

New York State Usbc Inc is a registered charity in United States, based in Brewster, NY. It received its IRS tax-exemption ruling in September 2004, 22 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 July 2022, New York State Usbc Inc reported income of $454k and spending of $445k, spending 98% of its income. Across the 3 years on record, from July 2020 to July 2022, income grew from $202k to $454k (+125%), an average of +50% a year. The sharpest change came in the year to July 2021, when income rose by 79%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, New York State Usbc Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Cascadilla Boat Club Ltd ($454k), Park Hill Bike Depot ($454k) and Little League Baseball Inc ($454k).

On its Form 990 for the period ending July 2022, revenue came from contributions and grants 14% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $54k (12% of expenses). At year end it held assets of $338k against liabilities of $15k, net assets of $324k. It reported 2 employees.