Macaulay Honors College Foundation

Analysis

Macaulay Honors College Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Macaulay Honors College Foundation reported income of $8.1m and spending of $1.4m, leaving 82% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $8.1m (+168%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 431%. Over the whole period it spent 43% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Macaulay Honors College Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Grauer Foundation for Education ($8.1m), Golden Valley Charter Schools for Education Renewal ($8.1m) and Grayson School ($8.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $15.8m against liabilities of $6,487, net assets of $15.8m.