Finch College Alumni Association Foundation

Analysis

Finch College Alumni Association Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Finch College Alumni Association Foundation reported income of $93k and spending of $110k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $93k (+59%), an average of +59% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 144% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Finch College Alumni Association Foundation sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Aspasians ($93k), Montgomery Lions Club Community Foundation Inc ($93k) and Middlesex Kiwanis Foundation ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% of the total. At year end it held assets of $50k against liabilities of $20k, net assets of $30k.