The Cayuga County Community College Foundation Inc

Analysis

The Cayuga County Community College Foundation Inc is a registered charity in United States, based in Auburn, NY. It received its IRS tax-exemption ruling in December 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 August 2023, The Cayuga County Community College Foundation Inc reported income of $3.8m and spending of $855k, leaving 77% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $970k to $3.8m (+287%), an average of +40% a year. The sharpest change came in the year to August 2023, when income rose by 413%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Cayuga County Community College Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Ohio Voice ($3.8m), Rebuilding Together DC Alexandria ($3.8m) and National Consumers League Inc ($3.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $105k (12% of expenses). Other salaries and wages came to $59k. At year end it held assets of $21.3m against liabilities of $13k, net assets of $21.3m. It reported 3 employees.