Suffolk Ame Cares Foundation Inc

Analysis

Suffolk Ame Cares Foundation Inc is a registered charity in United States, based in Bohemia, NY. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Suffolk Ame Cares Foundation Inc reported income of $61k and spending of $107k, spending 174% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $61k (+9.3%), an average of +9.3% a year. Over the whole period it spent 491% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Suffolk Ame Cares Foundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Islamorada Firefighters Benevolent Association Inc ($61k), Francis Howell School District Support Organization Council ($61k) and Opera 4 Kids ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 486% of the total. At year end it held assets of $54k against liabilities of $513k, net assets of -$459k.