Central Adirondack Partnership for the 21st Century Inc

Analysis

Central Adirondack Partnership for the 21st Century Inc is a registered charity in United States, based in Old Forge, NY. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Central Adirondack Partnership for the 21st Century Inc reported income of $313k and spending of $187k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $267k to $313k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 64% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Central Adirondack Partnership for the 21st Century Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Vision Together 2025 Inc ($313k), Richmond Neighborhood Restoration Inc ($313k) and Greater Wilmington Chamber Foundation ($312k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 12% of the total. Other salaries and wages came to $107k. At year end it held assets of $746k against liabilities of $2,190, net assets of $744k. It reported 3 employees.