Hunter College Auxiliary Enterprises Corporation

Analysis

Hunter College Auxiliary Enterprises Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2010, 16 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 2024, Hunter College Auxiliary Enterprises Corporation reported income of $1.7m and spending of $7.9m, spending 464% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $2.6m to $1.7m (-34%), an average of -7.9% a year. The sharpest change came in the year to June 2021, when income rose by 229%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hunter College Auxiliary Enterprises Corporation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Classroom 2 Community Inc ($1.7m), Suitup Incorporated ($1.7m) and Private Academic Library Network of Indiana Inc ($1.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 21% and program service revenue 21% of the total. Other salaries and wages came to $393k. At year end it held assets of $6.1m against liabilities of $93k, net assets of $6.0m. It reported 82 employees.