Cortland College Alumni Ass Inc

Analysis

Cortland College Alumni Ass Inc is a registered charity in United States, based in Cortland, NY. It received its IRS tax-exemption ruling in January 1946, 80 years ago. 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 2023, Cortland College Alumni Ass Inc reported income of $603k and spending of $637k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $659k to $603k (-8.5%), an average of -2.2% a year. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cortland College Alumni Ass Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Modesto Cambodian Buddhist Society Inc ($603k), Atlanta Recovery Center Inc ($603k) and United Way of Aroostook ($603k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 82% of the total. At year end it held assets of $4.5m against liabilities of $77k, net assets of $4.4m.