Cornell Star & Crescent Foundation Inc

Analysis

Cornell Star & Crescent Foundation Inc is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in July 2005, 21 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 December 2023, Cornell Star & Crescent Foundation Inc reported income of $57k and spending of $18k, leaving 68% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $339k to $57k (-83%), an average of -36% a year. The sharpest change came in the year to December 2020, when income dropped by 70%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cornell Star & Crescent Foundation Inc sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Parent Booster USA Inc ($57k), Allegheny Hyde Park PTO ($57k) and James Monroe School Parent Teacher Organization ($56k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $856k against liabilities of $0, net assets of $856k.