Adirondack Center for Writing Inc

Analysis

Adirondack Center for Writing Inc is a registered charity in United States, based in Saranac Lake, NY. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Adirondack Center for Writing Inc reported income of $392k and spending of $381k, spending 97% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $209k to $392k (+88%), an average of +37% a year. The sharpest change came in the year to June 2023, when income rose by 59%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Adirondack Center for Writing Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Institute for Critical Infrastructure Technology ($392k), Common Wealth Mural Collaborative ($392k) and Newton Cultural Alliance Inc ($392k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 78% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $73k (19% of expenses). Other salaries and wages came to $111k. At year end it held assets of $243k against liabilities of $126k, net assets of $118k. It reported 3 employees.