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Craig Newmark Graduate School of Journalism Cuny Foundation Inc

RegisteredEIN 46-5195587New York, NYEducation and training
Income$14.6m2024-06
Spending$7.8msame year
Spent / received94%5-year average
Size in its cause95th pctEducation and training
Exempt since2014Publicly supported organisat
Employees0latest return

Analysis

Craig Newmark Graduate School of Journalism Cuny Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Craig Newmark Graduate School of Journalism Cuny Foundation Inc reported income of $14.6m and spending of $7.8m, leaving 47% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $6.3m to $14.6m (+130%), an average of +23% a year. The sharpest change came in the year to June 2024, when income rose by 145%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Craig Newmark Graduate School of Journalism Cuny Foundation Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Brooklyn College Foundation Inc ($14.6m), Fulton Science Academy Private School Inc ($14.6m) and New Heights Academy Charter School ($14.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $44.5m against liabilities of $2.5m, net assets of $42.0m.

Income and spending

$0$3.6m$7.3m$10.9m$14.6m2020 Income: $6,343,0482020 Spending: $8,686,79720202021 Income: $7,771,6012021 Spending: $6,225,43620212022 Income: $5,440,4762022 Spending: $7,023,48820222023 Income: $5,960,2152023 Spending: $8,150,88820232024 Income: $14,592,4232024 Spending: $7,796,4642024
IncomeSpending

Where the income comes from

  • Contributions & grants 94%
  • Other 6.0%

Similar-sized charities, same cause

CharityLocationIncome
Brooklyn College Foundation IncBrooklyn$14.6m
Fulton Science Academy Private School IncAlpharetta$14.6m
New Heights Academy Charter SchoolNew York$14.6m
Unidel Foundation IncGreenville$14.6m