Colgate University Alumni Corporation

Analysis

Colgate University Alumni Corporation is a registered charity in United States, based in Hamilton, NY. It received its IRS tax-exemption ruling in July 1951, 75 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 June 2023, Colgate University Alumni Corporation reported income of $123k and spending of $124k, spending 101% of its income. The sharpest change came in the year to June 2023, when income rose by 64%. Over the whole period it spent 142% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Colgate University Alumni Corporation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Bearcat Touchdown Club Inc ($123k), Maroon and White Inc ($123k) and Bat City Comic Professionals ($123k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 45% of the total. Other salaries and wages came to $20k. At year end it held assets of $201k against liabilities of $0, net assets of $201k.