Maury Seldin Advanced Studies Institute Inc

Analysis

Maury Seldin Advanced Studies Institute Inc is a registered charity in United States, based in N Palm Beach, FL. It received its IRS tax-exemption ruling in November 1982, 44 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Maury Seldin Advanced Studies Institute Inc reported income of $91k and spending of $106k, spending 117% of what it took in. Across the 6 years on record, from May 2019 to May 2024, income fell from $118k to $91k (-23%), an average of -5.1% a year. The sharpest change came in the year to May 2020, when income dropped by 30%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maury Seldin Advanced Studies Institute Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include Faith Christian School PSP ($91k), From Our Angels to Yours Inc ($91k) and South Pasadena High School Alumni Association ($91k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $18k (17% of expenses). Other salaries and wages came to $22k. At year end it held assets of $247k against liabilities of $4,259, net assets of $243k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.