Purchase College Association Inc Suny College at Purchase

Analysis

Purchase College Association Inc Suny College at Purchase is a registered charity in United States, based in Purchase, NY. It received its IRS tax-exemption ruling in April 1982, 44 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, Purchase College Association Inc Suny College at Purchase reported income of $12.9m and spending of $13.1m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.5m to $12.9m (+749%), an average of +71% a year. The sharpest change came in the year to June 2021, when income rose by 200%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Purchase College Association Inc Suny College at Purchase sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Integrated Design Electronics Acade My Public Charter School ($12.9m), Headwaters School ($12.9m) and Merrick Academy Queens Public Charter School ($12.9m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Other salaries and wages came to $504k. At year end it held assets of $7.0m against liabilities of $1.5m, net assets of $5.6m. It reported 6 employees.