Northern New York Resources Corporation

Analysis

Northern New York Resources Corporation is a registered charity in United States, based in Potsdam, NY. It received its IRS tax-exemption ruling in December 2000, 26 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 December 2023, Northern New York Resources Corporation reported income of $177k and spending of $44k, leaving 75% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $211k to $177k (-16%), an average of -4.3% a year. The sharpest change came in the year to December 2020, when income dropped by 26%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northern New York Resources Corporation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include St Petersburg Bridge Club Inc ($177k), Good Shepherd Educational Foundation ($177k) and Home School Family Ministries ($177k).

At year end it held assets of $4.7m against liabilities of $0, net assets of $4.7m.