School Facilities Management Institute Inc

Analysis

School Facilities Management Institute Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, School Facilities Management Institute Inc reported income of $684k and spending of $697k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $648k to $684k (+5.6%), an average of +1.4% a year. The sharpest change came in the year to June 2022, when income rose by 152%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, School Facilities Management Institute Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Lansing Promise ($684k), Pacific Bible College ($684k) and Reign Homeschooling Academy Inc ($684k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. At year end it held assets of $338k against liabilities of $322k, net assets of $16k.

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.