Auxiliary Enterprise Board of Ny City College of Technology Inc

Analysis

Auxiliary Enterprise Board of Ny City College of Technology Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 1959, 67 years ago. 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 June 2023, Auxiliary Enterprise Board of Ny City College of Technology Inc reported income of $2.6m and spending of $2.3m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $2.6m (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2022, when income rose by 204%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Auxiliary Enterprise Board of Ny City College of Technology Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Developmental Services of Jackson County Inc ($2.6m), Dystrophic Epidermolysis Bullosa Research Assn of America Inc ($2.6m) and Cancer Support Community Valley- Ventura-Santa Barbara Inc ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 43% of the total. Other salaries and wages came to $991k. At year end it held assets of $3.9m against liabilities of $1.2m, net assets of $2.6m. It reported 36 employees.