Graduate Center Foundation Housing Corporation

Analysis

Graduate Center Foundation Housing Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Graduate Center Foundation Housing Corporation reported income of $2.0m and spending of $2.2m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.0m (+3.5%), an average of +0.9% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 135% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Graduate Center Foundation Housing Corporation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Equal Chance for Education ($2.0m), Conservatory Lab Foundation Inc ($2.0m) and Doral Academy Foundation Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $142k. At year end it held assets of $18.4m against liabilities of $12.5m, net assets of $6.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.