Potsdam Auxiliary & College Educational Services Inc

Analysis

Potsdam Auxiliary & College Educational Services Inc is a registered charity in United States, based in Potsdam, NY. It received its IRS tax-exemption ruling in April 1953, 73 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 May 2023, Potsdam Auxiliary & College Educational Services Inc reported income of $8.9m and spending of $8.8m, spending 99% of its income. Across the 4 years on record, from May 2020 to May 2023, income fell from $10.0m to $8.9m (-12%), an average of -4.0% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Potsdam Auxiliary & College Educational Services Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Clackamas Charter Alliance ($8.9m), Pace Charter School of Hamilton Inc ($8.9m) and Altamont School ($8.9m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 5.9% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $246k (2.8% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $5.0m against liabilities of $2.8m, net assets of $2.2m. It reported 217 employees.