Destination College

Analysis

Destination College is a registered charity in United States, based in Bronxville, NY. It received its IRS tax-exemption ruling in October 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Destination College reported income of $386k and spending of $410k, spending 106% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $594k to $386k (-35%), an average of -8.2% a year. The sharpest change came in the year to June 2022, when income rose by 90%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Destination College sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Tourette S Foundation for Needy Children Inc ($386k), Project One Day ($386k) and Belle Sherman After School Program Inc ($386k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $188k. At year end it held assets of $1.1m against liabilities of $8,912, net assets of $1.1m. It reported 5 employees.