Hunter College Foundation Inc

Analysis

Hunter College Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1991, 35 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, Hunter College Foundation Inc reported income of $79.2m and spending of $22.3m, leaving 72% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.9m to $79.2m (+298%), an average of +41% a year. The sharpest change came in the year to June 2023, when income rose by 113%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hunter College Foundation Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Intealth ($79.1m), Beloit College ($79.2m) and Uncommon Schools Inc ($79.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $3.2m. It paid $98k in professional fundraising fees. At year end it held assets of $208.2m against liabilities of $1.7m, net assets of $206.5m. It reported 164 employees.