Faculty-Student Association of Adirondack Community College Inc
Analysis
Faculty-Student Association of Adirondack Community College Inc is a registered charity in United States, based in Queensbury, NY. It received its IRS tax-exemption ruling in February 1968, 58 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending May 2023, Faculty-Student Association of Adirondack Community College Inc reported income of $4.8m and spending of $4.7m, spending 97% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $2.2m to $4.8m (+118%), an average of +30% a year. The sharpest change came in the year to May 2023, when income rose by 174%. Over the whole period it spent 126% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Faculty-Student Association of Adirondack Community College Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Fast Foward Charter High School Inc ($4.8m), Akron Preparatory School ($4.8m) and Highline College Foundation ($4.8m).
On its Form 990 for the period ending May 2023, revenue came from program service revenue 96% of the total. Other salaries and wages came to $525k. At year end it held assets of $26.3m against liabilities of $22.0m, net assets of $4.3m. It reported 28 employees.
Income and spending
Where the income comes from
- Program services 96%
- Other 4.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Fast Foward Charter High School Inc | Logan | $4.8m |
| Akron Preparatory School | Akron | $4.8m |
| Highline College Foundation | Des Moines | $4.8m |
| Emma Jewel Charter School Inc | Cocoa | $4.8m |