Cobleskill-Richmondville Education Foundation

Analysis

Cobleskill-Richmondville Education Foundation is a registered charity in United States, based in Cobleskill, NY. It received its IRS tax-exemption ruling in December 2007, 19 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 December 2023, Cobleskill-Richmondville Education Foundation reported income of $69k and spending of $28k, leaving 59% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $56k to $69k (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cobleskill-Richmondville Education Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Suffolk Education Foundation ($69k), African American Intellectual History Society Inc ($69k) and Be the Narrative ($69k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% of the total. At year end it held assets of $1000k against liabilities of $0, net assets of $1000k.