Empire Center for Public Policy Inc

Analysis

Empire Center for Public Policy Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 September 2023, Empire Center for Public Policy Inc reported income of $1.3m and spending of $1.9m, spending 143% of what it took in. Across the 6 years on record, from September 2018 to September 2023, income fell from $1.5m to $1.3m (-13%), an average of -2.7% a year. The sharpest change came in the year to September 2023, when income dropped by 41%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Empire Center for Public Policy Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Link Education Partners Inc ($1.3m), Marywood Inc ($1.3m) and Innovative Manufacturers Center Inc ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $15k (0.8% of expenses). Other salaries and wages came to $564k. At year end it held assets of $272k against liabilities of $321k, net assets of -$49k. It reported 10 employees.