On Point for College Inc

Analysis

On Point for College Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, On Point for College Inc reported income of $3.5m and spending of $3.1m, spending 89% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.6m to $3.5m (+35%), an average of +7.7% a year. The sharpest change came in the year to August 2023, when income rose by 39%. 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, On Point for College Inc sits at the 86th percentile: it is larger than about 86% 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 Riverside Community School Inc ($3.5m), Bay City Christian School Inc ($3.5m) and Cochise College Foundation ($3.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 93% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $146k (4.7% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $2.3m against liabilities of $681k, net assets of $1.6m. It reported 121 employees.