Ksea New York Metropolitan Chapter

Analysis

Ksea New York Metropolitan Chapter is a registered charity in United States, based in Ridgefield, NJ. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Ksea New York Metropolitan Chapter reported income of $112k and spending of $96k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $112k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ksea New York Metropolitan Chapter sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 48th percentile within NJ. Charities of a similar size with the same main cause include Kidstage Productions Inc ($112k), Arcola Mills Historic Foundation ($112k) and Highland Park Arts ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $36k against liabilities of $6,609, net assets of $29k.