Fiorello H LA Guardia Community College Association Inc

Analysis

Fiorello H LA Guardia Community College Association Inc is a registered charity in United States, based in Long Is City, NY. It received its IRS tax-exemption ruling in June 1973, 53 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Fiorello H LA Guardia Community College Association Inc reported income of $1.1m and spending of $1.3m, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $1.1m (-34%), an average of -9.7% a year. The sharpest change came in the year to June 2022, when income dropped by 42%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fiorello H LA Guardia Community College Association Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include The Eagle Institute ($1.1m), Mesivta of Coral Springs ($1.1m) and Heritage Christian School of Topeka Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 87% of the total. Other salaries and wages came to $684k. At year end it held assets of $2.5m against liabilities of $201k, net assets of $2.3m. It reported 53 employees.