Ustc Alumni Association in Greater New York

Analysis

Ustc Alumni Association in Greater New York is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Ustc Alumni Association in Greater New York reported income of $202k and spending of $185k, spending 91% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $56k to $202k (+263%), an average of +263% a year. The sharpest change came in the year to July 2024, when income rose by 263%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ustc Alumni Association in Greater New York sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Voices Boston Inc ($202k), Christ Lutheran School Tuition Organization ($202k) and Fox Valley Electrical Constractors Association Inc ($202k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 77% and program service revenue 21% of the total. At year end it held assets of $228k against liabilities of $16k, net assets of $212k.