Lehman College Auxiliary Enterprises Corp

Analysis

Lehman College Auxiliary Enterprises Corp is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in October 1985, 41 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Lehman College Auxiliary Enterprises Corp reported income of $1.2m and spending of $1.3m, spending 106% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $2.0m to $1.2m (-38%), an average of -9.0% a year. The sharpest change came in the year to June 2021, when income rose by 42%. 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, Lehman College Auxiliary Enterprises Corp 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 81st percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Atchison Child Care Assn ($1.2m), Lynnhaven School Inc ($1.2m) and Prince Georges Community College Foundation Inc ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 72% of the total. At year end it held assets of $4.2m against liabilities of $482k, net assets of $3.8m. It reported 166 employees.