Mohawk Valley Institute for Learning in Retirement

Analysis

Mohawk Valley Institute for Learning in Retirement is a registered charity in United States, based in Rome, NY. It received its IRS tax-exemption ruling in May 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Mohawk Valley Institute for Learning in Retirement reported income of $151k and spending of $99k, leaving 35% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $96k to $151k (+58%), an average of +58% a year. The sharpest change came in the year to June 2024, when income rose by 58%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mohawk Valley Institute for Learning in Retirement sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Birch House Inc ($151k), Hopkins Band and Orchestra Boosters ($151k) and Attune to Grow Inc ($151k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 60% of the total. At year end it held assets of $204k against liabilities of $0, net assets of $204k.