Canisteo Police Club

Analysis

Canisteo Police Club is a registered charity in United States, based in Canisteo, NY. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Canisteo Police Club reported income of $77k and spending of $40k, leaving 48% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $62k to $77k (+26%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 218%. Over the whole period it spent 75% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Canisteo Police Club sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Wheeling Township Report Inc ($77k), Head Corporation ($77k) and Kiwanis Club of Fort Collins-Eyeopeners Foundation ($77k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% of the total. At year end it held assets of $47k against liabilities of $15k, net assets of $32k.