College Association of New York City College of Technology Inc

Analysis

College Association of New York City College of Technology Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 1986, 40 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, College Association of New York City College of Technology Inc reported income of $1.3m and spending of $1.6m, spending 128% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $1.3m (-24%), an average of -6.5% a year. The sharpest change came in the year to June 2022, when income dropped by 33%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, College Association of New York City College of Technology 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 Childrens Bereavement Center Inc ($1.3m), Sheldon Christian School Association ($1.3m) and Minnesota Intercollegiate Athletic Conference ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 92% of the total. Other salaries and wages came to $903k. At year end it held assets of $1.4m against liabilities of $416k, net assets of $946k. It reported 24 employees.