City University Construction Fund

Analysis

City University Construction Fund is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1967, 59 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, City University Construction Fund reported income of $1.31bn and spending of $1.31bn, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.69bn to $1.31bn (-22%), an average of -6.1% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, City University Construction Fund sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NY. Charities of a similar size with the same main cause include Universite de Montreal Succursale a Quebec ($1.30bn), Trustees of Tufts College ($1.34bn) and Howard University ($1.27bn).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $52.0m against liabilities of $38.9m, net assets of $13.0m.