Potsdam Holiday Fund Inc

Analysis

Potsdam Holiday Fund Inc is a registered charity in United States, based in Potsdam, NY. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 August 2024, Potsdam Holiday Fund Inc reported income of $79k and spending of $67k, spending 84% of its income. Across the 2 years on record, from August 2023 to August 2024, income grew from $66k to $79k (+20%), an average of +20% a year. The sharpest change came in the year to August 2024, when income rose by 20%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Potsdam Holiday Fund Inc sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Valdosta City Schools Foundation Inc ($79k), Mentone Educational Resources Foundation ($79k) and John Papan Memorial ($79k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 88% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.