Scholarship & Welfare Funds of Alumni Association of Hunter Colle
Only null% goes to programs Strong reserves Growing revenue
Scholarship & Welfare Funds of Alumni Association of Hunter Colle is a 501(c)(3) organization based in New York, New York, registered in 1949, with $1,935,089 in FY2024 revenue. CharityIndex grades it B.
695 Park Avenue He1311, New York, NY, 10065 EIN 13-1809290 Since 1949
Revenue (FY2024)
$1.9M
▲ 16.8% vs prior year
Education median: $200K
Expenses (FY2024)
$858K
Net assets
$26.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Scholarship & Welfare Funds of Alumni Association of Hunter Colle— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating374 mo reserves · +56% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Scholarship & Welfare Funds of Alumni Association of Hunter Colle: 374 mo reserves · +56% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Scholarship & Welfare Funds of Alumni Association of Hunter Colle— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Scholarship & Welfare Funds of Alumni Association of Hunter Colle: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 695 Park Avenue He1311, New York, NY, 10065
- City
- New York
- State
- New York
- Category
- Education
- Subcategory
- Colleges & Universities
- Website
- …
Financial trends
Revenue grew from $1.3M (FY2015) to $1.9M (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $84KNet assets $26.8M
Operating margin
55.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$26.9M
Total liabilities
$84K
Net assets
$26.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,935,089▲16.8% | $857,896▲3.0% | $26,766,226▲1.3% | $26,850,226▲1.3% | 990 |
| 2023 | $1,656,988▲100% | $832,898▼22.0% | $26,424,259▲3.7% | $26,508,259▲3.9% | 990 |
| 2021 | $828,486▼2.2% | $1,068,279▼1.9% | $25,481,699▲1.5% | $25,509,699▲1.5% | 990 |
| 2020 | $847,314▼54.3% | $1,088,706▼21.8% | $25,108,246▲11.9% | $25,136,246▲12.0% | 990 |
| 2019 | $1,853,165▲108% | $1,392,440▲5.1% | $22,442,149▼3.9% | $22,442,149▼4.0% | 990 |
| 2018 | $890,328▼43.7% | $1,324,905▼5.8% | $23,341,542▼3.4% | $23,369,542▼3.4% | 990 |
| 2017 | $1,581,763▼6.4% | $1,406,193▼6.3% | $24,157,948▲0.7% | $24,185,948▲0.7% | 990 |
| 2016 | $1,690,679▲30.3% | $1,500,239▼9.2% | $24,000,522▲0.9% | $24,028,522▲0.9% | 990 |
| 2015 | $1,297,719 | $1,652,736 | $23,797,464 | $23,825,464 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $132K total
8 grants to Scholarship & Welfare Funds of Alumni Association of Hunter Colle totaling $132K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The New York Community Trust | For program support. | 2023 | $50,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $20,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $14,000 |
| Donor Advised Charitable Giving | Education | 2021 | $15,000 |
| T Rowe Price Program For Charitable Giving Inc | Endowment | 2021 | $6,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $5,100 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $14,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2016 | $7,500 |
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Frequently asked questions
- Is Scholarship & Welfare Funds of Alumni Association of Hunter Colle a legitimate nonprofit?
- Yes. Scholarship & Welfare Funds of Alumni Association of Hunter Colle is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-1809290, based in New York, New York. Donations are tax-deductible.
- What is Scholarship & Welfare Funds of Alumni Association of Hunter Colle's EIN?
- Scholarship & Welfare Funds of Alumni Association of Hunter Colle's Employer Identification Number (EIN) is 13-1809290.
- How much revenue does Scholarship & Welfare Funds of Alumni Association of Hunter Colle report?
- Scholarship & Welfare Funds of Alumni Association of Hunter Colle reported $1,935,089 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Scholarship & Welfare Funds of Alumni Association of Hunter Colle have?
- CharityIndex grades Scholarship & Welfare Funds of Alumni Association of Hunter Colle B, based on financial health (reserves and operating margin).
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Data for Scholarship & Welfare Funds of Alumni Association of Hunter Colle (EIN 13-1809290) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.