Suffolk Community College Association Inc

Analysis

Suffolk Community College Association Inc is a registered charity in United States, based in Selden, NY. It received its IRS tax-exemption ruling in April 1986, 40 years ago. 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 August 2023, Suffolk Community College Association Inc reported income of $3.4m and spending of $4.0m, spending 116% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $4.8m to $3.4m (-30%), an average of -8.4% a year. The sharpest change came in the year to August 2021, when income dropped by 20%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Suffolk Community College Association Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Florida Business Development Council Inc ($3.4m), Aplastic Anemia & MDS International Foundation Inc ($3.4m) and River to Coast Childrens Services ($3.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 14% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $190k (4.8% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $2.8m against liabilities of $306k, net assets of $2.5m. It reported 254 employees.