Faculty Student Association of the Tompkins Cortland Community Colleg

Analysis

Faculty Student Association of the Tompkins Cortland Community Colleg is a registered charity in United States, based in Dryden, NY. It received its IRS tax-exemption ruling in June 1977, 49 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Faculty Student Association of the Tompkins Cortland Community Colleg reported income of $3.6m and spending of $3.2m, spending 88% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.1m to $3.6m (+16%), an average of +3.9% a year. The sharpest change came in the year to August 2023, when income rose by 16%. Over the whole period it spent 96% 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 the Tompkins Cortland Community Colleg sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Parent Child Development Corporation ($3.6m), Moline Christian School Society ($3.6m) and Pearl Buck Center Inc ($3.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 26% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $92k (2.9% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $1.3m against liabilities of $230k, net assets of $1.1m. It reported 82 employees.