Catskill Development Foundation Inc

Analysis

Catskill Development Foundation Inc is a registered charity in United States, based in Delhi, NY. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Catskill Development Foundation Inc reported income of $68k and spending of $27k, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $70k to $68k (-2.9%), an average of -0.7% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Catskill Development Foundation Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Texas Rural Water Foundation ($68k), National Charity League Sacramento Chapter Inc ($68k) and Bike Walk Greenville ($68k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $739k against liabilities of $94k, net assets of $645k.