Cornell Daily Sun Alumni Association Inc

Analysis

Cornell Daily Sun Alumni Association Inc is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Cornell Daily Sun Alumni Association Inc reported income of $131k and spending of $120k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $152k to $131k (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2020, when income rose by 57%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cornell Daily Sun Alumni Association Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include The Direct Marketing Club of New York Inc ($131k), Iatse Local 30 Training TR ($131k) and West Hartford Public Schools Foundation Inc ($131k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 30% of the total. At year end it held assets of $691k against liabilities of $5,142, net assets of $686k.