Auxiliary Service Corp of the Agricultural & Tech Coll at FRMGDL

Analysis

Auxiliary Service Corp of the Agricultural & Tech Coll at FRMGDL is a registered charity in United States, based in Farmingdale, NY. It received its IRS tax-exemption ruling in May 1958, 68 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 2024, Auxiliary Service Corp of the Agricultural & Tech Coll at FRMGDL reported income of $1.6m and spending of $797k, leaving 51% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.3m to $1.6m (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2022, when income rose by 131%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Auxiliary Service Corp of the Agricultural & Tech Coll at FRMGDL sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Kazoo School ($1.6m), New America College ($1.6m) and Community Library of Dewitt & Jamesville ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.8% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $121k (15% of expenses). Other salaries and wages came to $267k. At year end it held assets of $12.8m against liabilities of $2.6m, net assets of $10.2m. It reported 21 employees.