Auxiliary Service Corporation of Mohawk Valley Community College in

Analysis

Auxiliary Service Corporation of Mohawk Valley Community College in is a registered charity in United States, based in Utica, NY. It received its IRS tax-exemption ruling in August 1953, 73 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Auxiliary Service Corporation of Mohawk Valley Community College in reported income of $1.2m and spending of $1.1m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $496k to $1.2m (+136%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 274%. Over the whole period it spent 150% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Auxiliary Service Corporation of Mohawk Valley Community College in sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include An Achievable Dream Certified Acadamies Inc ($1.2m), Kenya Works Inc ($1.2m) and Wyakin Warrior Foundation ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $204k (18% of expenses). Other salaries and wages came to $102k. At year end it held assets of $3.1m against liabilities of $1.9m, net assets of $1.2m. It reported 22 employees.