Foundation of the State University of New York at Binghamton Inc
PO Box 6005, Binghamton, NY · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $56,524,847 | $33,245,495 | $484,854,391 |
| FY2024 | $82,839,756 | $111,780,813 | $449,160,286 |
| FY2023 | $57,977,280 | $80,006,847 | $483,347,992 |
| FY2022 | $309,395,877 | $30,315,078 | $521,675,982 |
| FY2021 | $29,318,635 | $22,669,277 | $231,543,185 |
| FY2020 | $69,594,810 | $19,295,862 | $199,688,634 |
| FY2019 | $26,779,067 | $17,622,772 | $152,636,510 |
| FY2018 | $23,694,083 | $16,927,785 | $140,314,958 |
| FY2017 | $25,713,582 | $17,269,070 | $129,136,551 |
| FY2016 | $24,991,570 | $14,850,854 | $107,056,389 |
| FY2015 | $30,339,084 | $12,604,352 | $109,165,300 |
| FY2014 | $15,916,574 | $12,150,075 | $95,967,186 |
| FY2013 | $12,305,022 | $12,344,990 | $83,455,942 |
| FY2012 | $9,144,361 | $10,717,243 | $76,671,569 |
Form 990 filings
The returns filed by Foundation of the State University of New York at Binghamton Inc (EIN 16-6053710), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $15,334,916 | 27% |
| Program service revenue | $73,722 | <1% |
| Other revenue | $41,116,209 | 73% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $28,317,815 | 85% |
| Management & general | $1,776,145 | 5% |
| Fundraising | $3,151,535 | 9% |
What the numbers show
- Other revenue made up 73% of total revenue in FY2025.
- Program services accounted for 85% of functional expenses, management & general 5%, and fundraising 9%.
- 85% of functional expenses went to program services in FY2025. That is higher than 47.1% of 412 Education organizations in NY.
- Net assets covered about 175 months of expenses at the end of the reporting year. That puts it in the 92nd percentile among 4118 Education organizations in NY.
- Total revenue was higher than 97.1% of 4244 Education organizations in NY.
- Total revenue rose from $9,144,361 in FY2012 to $56,524,847 in FY2025. Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 4 of 14 reported years (FY2012, FY2013, FY2023, FY2024).
- The highest revenue on record here is $309,395,877 in FY2022.
- Net assets grew from $76,671,569 to $484,854,391 between FY2012 and FY2025.
- Contributions and grants made up 71% of revenue in FY2012 and 27% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (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
THE FOUNDATION WAS ESTABLISHED TO ACCEPT AND ENCOURAGE GIFTS TO THE FOUNDATION AND TO ADVANCE THE WELFARE AND DEVELOPMENT OF THE UNIVERSITY TO MAKE GRANTS OF FINANCIAL ASSISTANCE TO THE UNIVERSITY AND ITS FACULTY AND STUDENTS; TO RECEIVE, HOLD AND ADMINISTER SUCH GIFTS TO SERVICE THE PREVIOUSLY
IRS status
| Ruling year | 1958 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B110 — Education (in NY) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 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.
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