College Auxiliary Services Inc

Analysis

College Auxiliary Services Inc is a registered charity in United States, based in Plattsburgh, NY. It received its IRS tax-exemption ruling in December 1952, 74 years ago. 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, College Auxiliary Services Inc reported income of $11.4m and spending of $11.6m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $10.7m to $11.4m (+6.0%), an average of +1.9% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, College Auxiliary Services Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Merced Housing Texas ($11.4m), Episcopal Divinity School ($11.4m) and Tampa Bay Bowl Association Inc ($11.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $95k (0.8% of expenses). Other salaries and wages came to $627k. At year end it held assets of $10.3m against liabilities of $2.5m, net assets of $7.9m. It reported 49 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.