Faculty Student Association of Jefferson Community College Inc

Analysis

Faculty Student Association of Jefferson Community College Inc is a registered charity in United States, based in Watertown, NY. It received its IRS tax-exemption ruling in September 1969, 57 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 2024, Faculty Student Association of Jefferson Community College Inc reported income of $2.9m and spending of $3.4m, spending 118% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.8m to $2.9m (+3.6%), an average of +0.9% a year. The sharpest change came in the year to June 2021, when income rose by 35%. Over the whole period it spent 116% 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 Jefferson Community College Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Sumner Academy Inc Nichols Lane ($2.9m), Portersville Christian School Association ($2.9m) and Crispus Attucks Charter School ($2.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.6% and program service revenue 79% of the total. Other salaries and wages came to $594k. At year end it held assets of $17.7m against liabilities of $18.4m, net assets of -$717k. It reported 22 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.