State University of New York at Oneonta Foundation Corporation

Analysis

State University of New York at Oneonta Foundation Corporation is a registered charity in United States, based in Oneonta, NY. It received its IRS tax-exemption ruling in July 1982, 44 years ago. 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 June 2024, State University of New York at Oneonta Foundation Corporation reported income of $7.8m and spending of $5.1m, leaving 35% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $7.3m to $7.8m (+7.4%), an average of +1.8% a year. The sharpest change came in the year to June 2022, when income rose by 48%. Over the whole period it spent 61% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, State University of New York at Oneonta Foundation Corporation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Local 126 Ibew Occupational Safety Health & Educ Trust Fund ($7.8m), Hospice-Vnsw WPHC Inc ($7.8m) and Domel Inc ($7.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 41% of the total. At year end it held assets of $84.3m against liabilities of $377k, net assets of $83.9m.