THE FOUNDATION FOR CITY COLLEGE
THE FOUNDATION FOR CITY COLLEGE
NEW YORK, NY, US
•
501(c)(3)
•
EIN
84-3867573
•
Regional Funder
THE FOUNDATION FOR CITY COLLEGE
NEW YORK, NY, US
•
501(c)(3)
•
EIN
84-3867573
•
Regional Funder
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$40,692,008
Contributions
71%
Investments
25%
Government Grants
3%
Program Services
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$32,216,707
Grants
51%
Salaries & Benefits
17%
Other
16%
Fees to Service Providers
15%
Offices, Occupancy & IT
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$21,585,979
$28,891,043
+34%
Government Grants
$801,625
$1,364,113
+70%
Fundraising Events
$93,595
$0
-100%
Program Services
$172,426
$272,064
+58%
Membership Dues
$0
$0
-
Investments
$9,033,152
$10,113,107
+12%
Other
-$3,776,519
$51,681
-101%
Total Revenues
$27,910,258
$40,692,008
+46%
Expenses
2023
2024
Change
Grants
$21,844,221
$16,574,911
-24%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,365,845
$5,417,174
+129%
Fees to Service Providers
$4,154,659
$4,861,198
+17%
Advertising & Promotion
$150,783
$57,720
-62%
Offices, Occupancy & IT
$303,795
$239,958
-21%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$4,849,353
$5,065,746
+4%
Total Expenses
$33,668,656
$32,216,707
-4%
Net income
2023
2024
Change
Net income
-$5,758,398
+$8,475,301
-247%
Functional Expenses
Summary
2023
2024
Change
Program
$30,391,590
$28,533,262
-6%
Admin
$1,928,266
$2,601,149
+35%
Fundraising
$1,348,800
$1,082,296
-20%
Total Expenses
$33,668,656
$32,216,707
-4%
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