Nassau Community College Foundation Inc

Analysis

Nassau Community College Foundation Inc is a registered charity in United States, based in Garden City, NY. It received its IRS tax-exemption ruling in June 1980, 46 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Nassau Community College Foundation Inc reported income of $726k and spending of $1.1m, spending 150% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.2m to $726k (-39%), an average of -12% a year. The sharpest change came in the year to August 2021, when income rose by 63%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nassau Community College Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include American Foundation for Bulgaria Inc ($726k), Institute of Taoist Education and Acupuncture Inc ($726k) and Peninsula Library & Historical Society ($726k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $4.9m against liabilities of $719k, net assets of $4.1m.