Ie New York College
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Only 33% of its spending went to programs.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
(SEE SCHEDULE O)
- Income
- $7.2 million
- Spending
- $5.3 million
- Spent on programs
- 33%
- Reserves
- -1.9 months of spending
- Largest source of income
- donations and private grants, 95%
- Employees
- 20
- Volunteers
- 9
- Highest pay
- $464,392, president
Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 32 out of 100. Higher than 7% of charities in its peer group (education, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
2 of 20It owes 94% of what it owns.
Living within its means
15 of 15Income exceeded spending by 26% of income.
Income trend
15 of 15Income rose 32% on the year before.
Spending floor
0 of 1533% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 74% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 259 of 9 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $1.7 million spent. M.S. Business for Social Impact & Sustainability - This program equips students with the knowledge and skills to drive positive social and environmental change through business. The program blends theoretical foundations with practical applications, focusing on innovative business strategies that align positive impact with profitability and long-term success. Students will learn cutting-edge sustainable business practices, positioning them to lead their organizations toward a relevant future while making a significant impact on society and the environment. M.S. Sustainable Fashion - This course equips students with the knowledge and skills to transform the fashion industry, promoting sustainability, social equity and ethical practices. Blending theoretical foundations with practical applications, the program is designed to deliver a comprehensive understanding of sustainability and purpose in the fashion industry. M.S. Business for Social Impact & Sustainability - This course equips students with the knowledge and skills to drive positive social and environmental change through business. The program blends theoretical foundations with practical applications, focusing on innovative business strategies that align positive impact with profitability and long-term success. Students will learn cutting-edge sustainable business practices, positioning them to lead their organizations toward a relevant future while making a significant impact on society and the environment. M.S. Risk, Resilience and Integrity Management - This course imparts the skills and knowledge required to analyze risk as an opportunity to drive growth and change. The Colleges unique approach to enterprise risk examines aspects of crisis and data management, business continuity and corporate social impact. All organizations need risk management professionals who can thrive on the challenges of globalization, new technologies and the increasing demands of working towards sustainability.
- $57,974 spent. M.S. Sustainable Fashion - This program equips students with the knowledge and skills to transform the fashion industry, promoting sustainability, social equity and ethical practices. Blending theoretical foundations with practical applications, the program is designed to deliver a comprehensive understanding of sustainability and purpose in the fashion industry.
Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending July 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2018.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.