Feeder Canal Alliance Inc

Analysis

Feeder Canal Alliance Inc is a registered charity in United States, based in Glens Falls, NY. It received its IRS tax-exemption ruling in February 1989, 37 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Feeder Canal Alliance Inc reported income of $62k and spending of $81k, spending 129% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $86k to $62k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Feeder Canal Alliance 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 25th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Big Heart Big Smile Foundation ($62k), Brooks Elementary School Ptso ($62k) and Webster Education Foundation Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $402k against liabilities of $7,077, net assets of $395k.