Onondaga Community College Foundation Inc

Analysis

Onondaga Community College Foundation Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in October 1985, 41 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, Onondaga Community College Foundation Inc reported income of $6.4m and spending of $1.3m, leaving 80% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.0m to $6.4m (+215%), an average of +33% a year. The sharpest change came in the year to August 2022, when income rose by 177%. Over the whole period it spent 45% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Onondaga Community College Foundation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Heritage Heights Academy Inc ($6.4m), University of Saint Katherine ($6.4m) and Oregon Tech Foundation Inc ($6.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $24.5m against liabilities of $44k, net assets of $24.5m.