SDSN Association Inc

Analysis

SDSN Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, SDSN Association Inc reported income of $12.1m and spending of $11.1m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.3m to $12.1m (+45%), an average of +9.7% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, SDSN Association Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Life Steps Foundation Inc ($12.1m), Hartwood Foundation Inc ($12.1m) and The Night Ministry ($12.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $720k (6.5% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $11.4m against liabilities of $3.5m, net assets of $7.9m. It reported 53 employees.