City College Auxilary Enterprises Corporation

Analysis

City College Auxilary Enterprises Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2023, City College Auxilary Enterprises Corporation reported income of $491k and spending of $327k, leaving 33% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.0m to $491k (-53%), an average of -17% a year. The sharpest change came in the year to June 2023, when income dropped by 38%. Over the whole period it spent 77% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, City College Auxilary Enterprises Corporation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Family Life Missions Inc ($490k), Global Samaritans Inc ($491k) and Projects for Progress ($490k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 92% of the total. Compensation of current officers, directors and key employees was $117k (36% of expenses). Other salaries and wages came to $58k. At year end it held assets of $1.6m against liabilities of $207k, net assets of $1.4m.