NEW YORK SHIPPING ASSOCIATION INC
EDISON, NJ 08837 · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $320,699,294 | $267,481,771 | $421,399,875 |
| FY2024 | $335,003,935 | $233,857,375 | $363,863,594 |
| FY2023 | $302,784,296 | $230,089,362 | $258,117,895 |
| FY2022 | $349,983,408 | $307,335,681 | $180,841,020 |
| FY2021 | $322,473,763 | $293,321,872 | $137,663,529 |
| FY2020 | $269,600,667 | $280,160,243 | $98,315,756 |
| FY2019 | $287,168,908 | $268,961,922 | $110,078,758 |
| FY2018 | $275,756,764 | $271,877,537 | $100,162,916 |
| FY2017 | $262,730,644 | $268,301,256 | $90,194,786 |
| FY2016 | $254,398,854 | $255,771,764 | $90,759,076 |
| FY2014 | $242,260,700 | $255,527,601 | $93,483,458 |
| FY2013 | $245,728,296 | $239,049,674 | $109,396,525 |
| FY2012 | $255,031,977 | $232,479,087 | $94,031,325 |
| FY2011 | $257,628,612 | $230,564,513 | $69,299,824 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $305,563,392 | 100% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2025.
- Net assets covered about 18.9 months of expenses at the end of the reporting year.
- Total revenue rose from $257,628,612 in FY2011 to $320,699,294 in FY2025, Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 4 of 14 reported years (FY2014, FY2016, FY2017, FY2020).
- The highest revenue on record here is $349,983,408 in FY2022.
- Net assets grew from $69,299,824 to $421,399,875 between FY2011 and FY2025.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
To represent the interests of its members in maximizing the efficiency, cost-competitiveness, safety and quality of marine cargo operations in the Port of New York and New Jersey.
IRS status
| Ruling year | 1958 |
| Subsection | 501(c)(6) |
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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