Faculty Student Association of Hudson Valley-Community College

Analysis

Faculty Student Association of Hudson Valley-Community College is a registered charity in United States, based in Troy, NY. It received its IRS tax-exemption ruling in December 1972, 54 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 May 2023, Faculty Student Association of Hudson Valley-Community College reported income of $5.0m and spending of $4.8m, spending 95% of its income. Across the 5 years on record, from May 2019 to May 2023, income fell from $5.3m to $5.0m (-5.6%), an average of -1.4% a year. The sharpest change came in the year to May 2021, when income rose by 21%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Faculty Student Association of Hudson Valley-Community College sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Bais Reuven Kamenetz of Lakewood in C ($5.0m), Cuesta College Foundation ($5.0m) and Rocking the Boat Inc ($5.0m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 9.1% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $103k (2.2% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $21.2m against liabilities of $7.9m, net assets of $13.3m. It reported 41 employees.