Queensborough Community College Auxiliary Enterprise Assoc Inc

Analysis

Queensborough Community College Auxiliary Enterprise Assoc Inc is a registered charity in United States, based in Bayside, NY. It received its IRS tax-exemption ruling in May 1968, 58 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Queensborough Community College Auxiliary Enterprise Assoc Inc reported income of $3.7m and spending of $3.4m, spending 92% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.1m to $3.7m (+74%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 122%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Queensborough Community College Auxiliary Enterprise Assoc Inc sits at the 90th percentile: it is larger than about 90% 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 Scranton Public Library Albright Memorial Building ($3.7m), Southwestern Academy ($3.7m) and Suffern Free Library ($3.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 20% and program service revenue 69% of the total. Other salaries and wages came to $898k. At year end it held assets of $7.5m against liabilities of $129k, net assets of $7.4m. It reported 148 employees.