Education (B110) IRS Verified DX Registered 990 on File

UNIVERSITY AT ALBANY FOUNDATION

EIN: 14-1503972 · ALBANY, NY 12222-0100 · United States · FY 2023 Data

3 out of 5 55 / 100 Based on 2+ years of filings

Financial strength (30%) 80/100

Reliability (20%) 55/100

Effectiveness (25%) 81/100

Impact (25%) No data yet

Financial data: FY 2023 · Scored 9/13/2026

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CharityAI™ Score

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Mission Statement

The mission of The University at Albany Foundation is to support and promote the activities and programs of the University at Albany, State University of New York by providing support, advice and counsel regarding fund raising, gift and grant management; developing and managing real property; and providing a strong base of private-sector support through the efforts of Foundation Directors.

Financial Overview — FY 2023

$23.8M

Total Revenue

$10.2M

Total Expenses

$170.4M

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 80.9%

Fundraising Efficiency 1334.1%

Operating Reserve 200.24x

Liability-to-Asset 7.2%

Revenue Diversification 90.2%

Executive Compensation $275K

Compared with Peers

FY 2023

Compared with 3,578 similar organizations (United States, Education, $10M–$100M in expenses), FY 2023.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	80.9%	84.4%	P10P90	Below median
Admin expense ratio Management and general / total expenses · lower is better	12.7%	13.5%	P10P90	Above median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	6.4%	0.7%	P10P90	Bottom quarter
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	1334.1%	631.2%	P10P90	Below median
Operating reserve Months of expenses covered by net assets · higher is better	200.2 mo	10.9 mo	P10P90	Top quarter
Liabilities to assets Total liabilities / total assets · lower is better	7.2%	34.2%	P10P90	Top quarter
Revenue concentration Share of revenue from the largest source · lower is better	90.2%	87.3%	P10P90	Below median
Revenue growth Year over year revenue growth	46.9%	4.8%	P10P90
Expense growth Year over year expense growth	16.4%	8.5%	P10P90
Surplus margin Surplus as a share of revenue	57.1%	2.7%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$23.8M	$10.2M	$170.4M	80.9%	10
2022	$16.2M	$8.8M	$149.0M	80.8%	9
2021	$19.2M	$6.9M	N/A	—	10

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Organization Details

EIN: 14-1503972
State: NY
City: ALBANY
ZIP: 12222-0100
Classification: B110
Category: Education
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1992
Foundation Code: 13
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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