Purchase College Association Inc Suny College At Purchase

Purchase College Association Inc reports consistent revenue growth but recent operational deficits, with no officer compensation.

EIN: 133024624 · Purchase, NY · NTEE: B42I · Updated: 2026-03-28

$13.9MRevenue

$6.9MAssets

85/100Mission Score (Excellent)

B42I

About Purchase College Association Inc Suny College At Purchase

Purchase College Association Inc Suny College At Purchase (EIN: 133024624) is a nonprofit organization based in Purchase, NY, classified under NTEE code B42I. The organization reported total revenue of $13.9M and total assets of $6.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Purchase College Association Inc Suny College At Purchase's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Purchase College Association Inc Suny College At Purchase demonstrates a generally stable financial position, with recent years showing consistent revenue and expense levels. For the period ending June 2024, the organization reported revenues of $12,895,718 against expenses of $13,100,959, indicating a slight operational deficit. This trend of expenses closely matching or slightly exceeding revenue has been observed in the past two periods (202306 and 202406), suggesting tight financial management or strategic spending. The organization's assets have remained relatively consistent, with $7,015,641 in assets and $1,457,736 in liabilities for the latest period, indicating a healthy asset-to-liability ratio. The significant increase in revenue from $1.5 million in 2020 to over $12 million in 2024 suggests substantial growth or a change in operational scope following the pandemic period.

Spending efficiency appears to be reasonable, though specific program, administrative, and fundraising breakdowns are not provided in the raw data. However, the consistent operational deficits in the last two years (e.g., $205,241 in 2024 and $458,731 in 2023) warrant closer examination to ensure long-term sustainability. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 14 filings available, demonstrating a commitment to public disclosure. The reported 0% officer compensation across all available filings is a notable positive indicator for donor confidence, suggesting resources are directed towards the organization's mission rather than executive salaries.

Overall, while the organization has shown strong recovery and growth in revenue post-2020, the recurring operational deficits in the most recent periods should be monitored. Its consistent financial reporting and lack of executive compensation are strong points for transparency and efficiency. Further analysis of detailed expense categories would provide a more granular understanding of spending efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Purchase College Association Inc Suny College At Purchase with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Purchase College Association Inc Suny College At Purchase allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly favorable for a nonprofit of its size with over $12 million in annual revenue.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Purchase College Association Inc Suny College At Purchase's IRS 990 filings:

Consistent operational deficits in the last two reporting periods (202306 and 202406), where expenses exceeded revenue by $458,731 and $205,241 respectively.

Strengths

The following positive indicators were identified for Purchase College Association Inc Suny College At Purchase:

Strong revenue growth from $1.5 million in 2020 to over $12 million in 2024, indicating significant recovery and expansion.
Consistent reporting of 0% officer compensation across all available filings, demonstrating a commitment to directing funds towards the mission.
Healthy asset-to-liability ratio, with assets of $7,015,641 significantly exceeding liabilities of $1,457,736 in the latest period.
Long history of IRS 990 filings (14 filings), indicating strong transparency and compliance.

Frequently Asked Questions about Purchase College Association Inc Suny College At Purchase

Is Purchase College Association Inc a good charity?

Based on the available data, the organization demonstrates strong financial transparency through consistent 990 filings and a notable commitment to its mission by reporting 0% officer compensation. Its significant revenue growth post-2020 suggests effective operations. However, the recent operational deficits warrant further investigation into spending efficiency.

Why did revenue increase so dramatically from 2020 to 2022?

Revenue increased from $1,518,549 in 2020 to $12,412,930 in 2022, a nearly eight-fold increase. This significant jump likely reflects a recovery from the COVID-19 pandemic's impact on educational institutions or a substantial expansion of programs and activities.

What caused the operational deficits in 2023 and 2024?

In 2023, expenses ($12,021,160) exceeded revenue ($11,562,429) by $458,731, and in 2024, expenses ($13,100,959) exceeded revenue ($12,895,718) by $205,241. While not severe, these deficits suggest that spending slightly outpaced income in these periods, which could be due to increased program costs, investments, or unforeseen expenses.

How stable are the organization's assets?

The organization's assets have fluctuated but remained robust, ranging from $6.1 million in 2015 to $11.4 million in 2019, and currently standing at $7,015,641 in 2024. This indicates a solid financial foundation, with assets significantly exceeding liabilities ($1,457,736 in 2024).

Filing History

IRS 990 filing history for Purchase College Association Inc Suny College At Purchase showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Purchase College Association Inc Suny College At Purchase's revenue has grown by 313.4%, moving from $3.1M to $12.9M. Total assets increased by 54% over the same period, from $4.6M to $7.0M. Total functional expenses rose by 366.1%, from $2.8M to $13.1M. In its most recent filing year (2024), Purchase College Association Inc Suny College At Purchase reported a deficit of $205K, with expenses exceeding revenue. The organization holds $1.5M in liabilities against $7.0M in assets (debt-to-asset ratio: 20.8%), resulting in net assets of $5.6M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$12.9M	$13.1M	$7.0M	$1.5M	—	View 990
2023	$11.6M	$12.0M	$6.8M	$1.2M	—	—
2022	$12.4M	$11.1M	$7.4M	$1.5M	—	View 990
2021	$4.6M	$6.9M	$7.1M	$2.1M	—	View 990
2020	$1.5M	$2.4M	$8.4M	$1.2M	—	View 990
2019	$4.1M	$3.4M	$11.5M	$3.4M	—	View 990
2018	$4.3M	$3.4M	$9.3M	$1.9M	—	View 990
2017	$3.9M	$3.5M	$7.4M	$819K	—	View 990
2016	$4.4M	$3.7M	$6.5M	$533K	—	View 990
2015	$4.1M	$3.8M	$6.1M	$713K	—	View 990
2014	$4.4M	$3.5M	$5.7M	$568K	—	View 990
2013	$3.9M	$3.6M	$5.4M	$1.2M	—	View 990
2012	$3.9M	$3.4M	$5.2M	$1.2M	—	View 990
2011	$3.1M	$2.8M	$4.6M	$1.0M	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $12.9M, expenses of $13.1M, and assets of $7.0M (revenue +11.5% year-over-year).
2023: Revenue of $11.6M, expenses of $12.0M, and assets of $6.8M (revenue -6.9% year-over-year).
2022: Revenue of $12.4M, expenses of $11.1M, and assets of $7.4M (revenue +172.1% year-over-year).
2021: Revenue of $4.6M, expenses of $6.9M, and assets of $7.1M (revenue +200.4% year-over-year).
2020: Revenue of $1.5M, expenses of $2.4M, and assets of $8.4M (revenue -63.0% year-over-year).
2019: Revenue of $4.1M, expenses of $3.4M, and assets of $11.5M (revenue -4.1% year-over-year).
2018: Revenue of $4.3M, expenses of $3.4M, and assets of $9.3M (revenue +8.6% year-over-year).
2017: Revenue of $3.9M, expenses of $3.5M, and assets of $7.4M (revenue -10.7% year-over-year).
2016: Revenue of $4.4M, expenses of $3.7M, and assets of $6.5M (revenue +6.4% year-over-year).
2015: Revenue of $4.1M, expenses of $3.8M, and assets of $6.1M (revenue -5.4% year-over-year).
2014: Revenue of $4.4M, expenses of $3.5M, and assets of $5.7M (revenue +13.6% year-over-year).
2013: Revenue of $3.9M, expenses of $3.6M, and assets of $5.4M (revenue -0.3% year-over-year).
2012: Revenue of $3.9M, expenses of $3.4M, and assets of $5.2M (revenue +24.0% year-over-year).
2011: Revenue of $3.1M, expenses of $2.8M, and assets of $4.6M.

Data Sources and Methodology

This transparency report for Purchase College Association Inc Suny College At Purchase is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.