Genesee Community College Association Inc

Analysis

Genesee Community College Association Inc is a registered charity in United States, based in Batavia, NY. It received its IRS tax-exemption ruling in March 1976, 50 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 July 2024, Genesee Community College Association Inc reported income of $1.5m and spending of $1.3m, spending 83% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $1.1m to $1.5m (+34%), an average of +7.7% a year. The sharpest change came in the year to July 2024, when income rose by 34%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Genesee Community College Association Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Heritage Bible College ($1.5m), Chautauqua-Cattaraugus Library System ($1.5m) and Persist Nashville Inc ($1.5m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 16% and program service revenue 78% of the total. Other salaries and wages came to $481k. At year end it held assets of $1.4m against liabilities of $544k, net assets of $817k. It reported 50 employees.