Queensborough Community College Fund Inc

Analysis

Queensborough Community College Fund Inc is a registered charity in United States, based in Bayside, NY. It received its IRS tax-exemption ruling in February 1977, 49 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, Queensborough Community College Fund Inc reported income of $1.2m and spending of $1.1m, spending 85% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.2m to $1.2m (+8.2%), an average of +1.6% a year. The sharpest change came in the year to June 2021, when income rose by 59%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Queensborough Community College Fund Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Monroe 1 Boces Educational Foundation Inc ($1.2m), Hand in Hand Early Childhood Center Inc ($1.2m) and University of Bath Foundation Ltd ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 57% of the total. Other salaries and wages came to $45k. At year end it held assets of $20.0m against liabilities of $120k, net assets of $19.9m.