Friends of the Otisville School Inc

Analysis

Friends of the Otisville School Inc is a registered charity in United States, based in Otisville, NY. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Friends of the Otisville School Inc reported income of $68k and spending of $106k, spending 155% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $129k to $68k (-47%), an average of -47% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the Otisville School Inc 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 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Lafollia Austin Baroque ($68k), Kansas City Baroque Consortium ($68k) and Villa Anita Inc ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 105% of the total. At year end it held assets of $356k against liabilities of $0, net assets of $356k.