Foundation of New York State Nurses Inc

Analysis

Foundation of New York State Nurses Inc is a registered charity in United States, based in Guilderland, NY. It received its IRS tax-exemption ruling in March 1976, 50 years ago. 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 December 2023, Foundation of New York State Nurses Inc reported income of $540k and spending of $499k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $549k to $540k (-1.6%), an average of -0.4% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation of New York State Nurses Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Box Elder County School District Foundation ($540k), Sav-A-Life of Tuscaloosa Inc ($540k) and Saint Helena Family Center Inc ($540k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 32% of the total. Other salaries and wages came to $280k. At year end it held assets of $1.8m against liabilities of $310k, net assets of $1.5m. It reported 5 employees.