Fiorello H Laguardia Community

Analysis

Fiorello H Laguardia Community is a registered charity in United States, based in Long Island City, NY. It received its IRS tax-exemption ruling in February 2002, 24 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 2023, Fiorello H Laguardia Community reported income of $5.5m and spending of $7.0m, spending 126% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.1m to $5.5m (+9.1%), an average of +2.2% a year. The sharpest change came in the year to June 2022, when income rose by 165%. Over the whole period it spent 72% 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 sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Spark Development Network Inc ($5.5m), Camperdown Academy Inc ($5.5m) and Yi Hwang Academy Incorporated ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $795k. At year end it held assets of $16.7m against liabilities of $615k, net assets of $16.1m.