The Graduate Center Foundation Inc

Analysis

The Graduate Center Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1984, 42 years ago. 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, The Graduate Center Foundation Inc reported income of $6.8m and spending of $9.0m, spending 133% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $11.3m to $6.8m (-40%), an average of -12% a year. The sharpest change came in the year to June 2021, when income rose by 66%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Graduate Center Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Food Bank of Siouxland Inc ($6.8m), Mount Desert Land and Garden Preserve ($6.8m) and Independent Scholarship Inc ($6.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% of the total. Other salaries and wages came to $2.6m. At year end it held assets of $65.0m against liabilities of $301k, net assets of $64.7m.