Fiorello H Laguardia Community College Auxiliary Enterprises Corp

Analysis

Fiorello H Laguardia Community College Auxiliary Enterprises Corp is a registered charity in United States, based in Long Island City, NY. It received its IRS tax-exemption ruling in January 1992, 34 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 2024, Fiorello H Laguardia Community College Auxiliary Enterprises Corp reported income of $3.2m and spending of $2.1m, leaving 35% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.0m to $3.2m (+7.1%), an average of +1.4% a year. The sharpest change came in the year to June 2022, when income rose by 125%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fiorello H Laguardia Community College Auxiliary Enterprises Corp sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Redwood Coast Montessori ($3.2m), Morehouse Community Improvement Organization Inc ($3.2m) and Braintree After School Enrichment Inc B a S E ($3.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.1% and program service revenue 86% of the total. Other salaries and wages came to $653k. At year end it held assets of $12.1m against liabilities of $607k, net assets of $11.5m. It reported 52 employees.