Finger Lakes Community College Student Corporation

Analysis

Finger Lakes Community College Student Corporation is a registered charity in United States, based in Canandaigua, NY. It received its IRS tax-exemption ruling in May 2013, 13 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, Finger Lakes Community College Student Corporation reported income of $385k and spending of $464k, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $365k to $385k (+5.5%), an average of +1.4% a year. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Finger Lakes Community College Student Corporation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include North Scott Educational Foundation ($385k), Pine Grove Nursery School ($385k) and Tillery Christian Academy Inc ($385k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.5% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $22k (4.8% of expenses). At year end it held assets of $707k against liabilities of $43k, net assets of $664k.