New York Master Barber Academy Inc

Analysis

New York Master Barber Academy Inc is a registered charity in United States, based in Middletown, NY. It received its IRS tax-exemption ruling in September 2021, 5 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 December 2022, New York Master Barber Academy Inc reported income of $110k and spending of $37k, leaving 67% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $92k to $110k (+19%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New York Master Barber Academy Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Lower Dauphin Communities That Care ($109k), Free Science Inc ($110k) and Tree of Life Educational Fund Inc ($109k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 0.5% and program service revenue 100% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.