Cornell University Medical College Alumni Association

Analysis

Cornell University Medical College Alumni Association is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Cornell University Medical College Alumni Association reported income of $100k and spending of $49k, leaving 51% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $39k to $100k (+156%), an average of +156% a year. The sharpest change came in the year to June 2023, when income rose by 156%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cornell University Medical College Alumni Association sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Parent Booster USA Inc ($100k), Parkersburg Catholic Schools FNDN Inc ($100k) and Friends of Franklin Fine Arts Center NFP ($100k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $325k against liabilities of $0, net assets of $325k.