Albany County Sheriffs Benevolence Fund Inc

Analysis

Albany County Sheriffs Benevolence Fund Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 May 2024, Albany County Sheriffs Benevolence Fund Inc reported income of $103k and spending of $101k, spending 98% of its income. Across the 2 years on record, from May 2023 to May 2024, income fell from $215k to $103k (-52%), an average of -52% a year. The sharpest change came in the year to May 2024, when income dropped by 52%. Over the whole period it spent 48% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Albany County Sheriffs Benevolence Fund Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Adelante Community Health Center ($103k), Agape Meals for Kids Inc ($103k) and Franklin County Senior Center Inc ($103k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 19% and program service revenue 81% of the total. At year end it held assets of $206k against liabilities of $0, net assets of $206k.