SCHLC Inc

Analysis

SCHLC Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 May 2024, SCHLC Inc reported income of $110k and spending of $112k, spending 101% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $103k to $110k (+6.7%), an average of +6.7% a year. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, SCHLC Inc sits at the 45th percentile: it is larger than about 45% 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 Hike for Mental Health Inc ($110k), The Westervelt Company ($110k) and United Way of Sullivan County Inc ($110k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 72% and program service revenue 27% of the total. At year end it held assets of $105k against liabilities of $259, net assets of $105k.