Oswego College Foundation Inc

Analysis

Oswego College Foundation Inc is a registered charity in United States, based in Oswego, NY. It received its IRS tax-exemption ruling in September 1989, 37 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, Oswego College Foundation Inc reported income of $5.7m and spending of $5.6m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.6m to $5.7m (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2022, when income rose by 110%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oswego College Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Grand Rapids Community College Foundation ($5.7m), Raising a Reader ($5.7m) and Early Childhood at Mdy Inc ($5.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $69.4m against liabilities of $962k, net assets of $68.4m.