Auxiliary Services Corporation of Erie Community College

Analysis

Auxiliary Services Corporation of Erie Community College is a registered charity in United States, based in Orchard Park, NY. It received its IRS tax-exemption ruling in January 1995, 31 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 August 2023, Auxiliary Services Corporation of Erie Community College reported income of $951k and spending of $1.1m, spending 121% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.9m to $951k (-51%), an average of -16% a year. The sharpest change came in the year to August 2022, when income rose by 48%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Auxiliary Services Corporation of Erie Community College sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Palm Tree School ($951k), Dauphin Way Child Developmentcenter Inc ($951k) and South Piedmont Community College Foundation Inc ($951k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 59% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $160k (14% of expenses). Other salaries and wages came to $609k. At year end it held assets of $2.6m against liabilities of $1.1m, net assets of $1.5m. It reported 55 employees.