TRUSTEES OF UNION COLLEGE
807 UNION ST, SCHENECTADY, NY · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $245,070,350 | $238,904,864 | $790,861,388 |
| FY2024 | $251,324,663 | $227,448,908 | $761,978,700 |
| FY2023 | $201,630,667 | $215,771,361 | $713,341,284 |
| FY2022 | $225,623,488 | $205,022,585 | $711,098,803 |
| FY2021 | $197,804,663 | $186,064,892 | $806,652,657 |
| FY2020 | $220,248,561 | $183,275,004 | $694,592,527 |
| FY2019 | $209,889,545 | $183,764,804 | $652,112,193 |
| FY2018 | $191,461,975 | $179,845,268 | $633,497,670 |
| FY2017 | $214,184,567 | $177,502,764 | $591,997,835 |
| FY2016 | $187,482,687 | $170,903,810 | $522,203,496 |
| FY2015 | $173,141,262 | $165,127,104 | $550,757,852 |
| FY2014 | $178,393,247 | $159,285,088 | $519,332,039 |
| FY2013 | $165,283,413 | $154,147,815 | $464,754,882 |
| FY2012 | $159,842,439 | $149,386,485 | $435,608,954 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $28,814,327 | 15% |
| Program service revenue | $169,581,199 | 85% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $211,756,294 | 89% |
| Management & general | $21,780,093 | 9% |
| Fundraising | $5,368,477 | 2% |
What the numbers show
- Program service revenue made up 85% of total revenue in FY2025.
- Program services accounted for 89% of functional expenses, management & general 9%, and fundraising 2%.
- 89% of functional expenses went to program services in FY2025. That is higher than 68.9% of 412 Education organizations in NY.
- Net assets covered about 39.7 months of expenses at the end of the reporting year. That puts it in the 73rd percentile among 4125 Education organizations in NY.
- Total revenue was higher than 99% of 4251 Education organizations in NY.
- Total revenue rose from $159,842,439 in FY2012 to $245,070,350 in FY2025, Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2023).
- The highest revenue on record here is $251,324,663 in FY2024.
- Net assets grew from $435,608,954 to $790,861,388 between FY2012 and FY2025.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
UNION COLLEGE DEVELOPS EVERY STUDENT TO LEAD WITH WISDOM, EMPATHY, AND COURAGE.
IRS status
| Ruling year | 1937 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B420 — Education (in NY) |
| Donations | Donations are generally tax-deductible (public charity). |
Similar organizations
- STONY BROOK FOUNDATION INC — STONY BROOK, NY · $232,533,635
- JUILLIARD SCHOOL — NEW YORK, NY · $231,686,191
- MERCY UNIVERSITY — DOBBS FERRY, NY · $227,950,801
- SIENA UNIVERSITY — LOUDONVILLE, NY · $226,244,998
- TEACH FOR AMERICA INC — NEW YORK, NY · $265,237,413
- CULINARY INSTITUTE OF AMERICA — HYDE PARK, NY · $223,873,012
- CLARKSON UNIVERSITY — POTSDAM, NY · $223,546,409
- AMERICAN UNIVERSITY IN CAIRO — NEW YORK, NY · $220,998,600
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.