Suny Polytechnic Institute Auxiliary Services Corporation

Analysis

Suny Polytechnic Institute Auxiliary Services Corporation is a registered charity in United States, based in Utica, NY. It received its IRS tax-exemption ruling in February 1974, 52 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, Suny Polytechnic Institute Auxiliary Services Corporation reported income of $5.3m and spending of $5.1m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.4m to $5.3m (-1.2%), an average of -0.3% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Suny Polytechnic Institute Auxiliary Services Corporation 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 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Scitech Academy ($5.3m), Virginia Peninsula Community College Educational Foundation ($5.3m) and Haron Dahan Endowment Fund for Beth Tfiloh Inc ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $131k (2.6% of expenses). Other salaries and wages came to $134k. At year end it held assets of $5.4m against liabilities of $463k, net assets of $4.9m. It reported 7 employees.