Robert College Foundation

Analysis

Robert College Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2000, 26 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, Robert College Foundation reported income of $5.0m and spending of $6.2m, spending 124% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $12.2m to $5.0m (-59%), an average of -26% a year. The sharpest change came in the year to June 2021, when income dropped by 49%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Robert College Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include American Nurses Foundation Inc ($5.0m), Wounded Knee District School ($5.0m) and Highbridge Facilities LLC ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% of the total. At year end it held assets of $123.1m against liabilities of $19k, net assets of $123.0m.