Southern Adirondack Child Care Network Inc

Analysis

Southern Adirondack Child Care Network Inc is a registered charity in United States, based in Glens Falls, NY. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Southern Adirondack Child Care Network Inc reported income of $1.1m and spending of $973k, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $890k to $1.1m (+18%), an average of +4.3% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Southern Adirondack Child Care Network Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Lon Solomon Ministries ($1.1m), Arlington Urban Ministries ($1.1m) and Talmudical Academy ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.1% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $75k (7.8% of expenses). Other salaries and wages came to $318k. At year end it held assets of $792k against liabilities of $183k, net assets of $609k. It reported 12 employees.