Potsdam Sandstone Senior Citizens Club Inc

Analysis

Potsdam Sandstone Senior Citizens Club Inc is a registered charity in United States, based in Potsdam, NY. It received its IRS tax-exemption ruling in March 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Potsdam Sandstone Senior Citizens Club Inc reported income of $650k and spending of $672k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $689k to $650k (-5.7%), an average of -1.5% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Potsdam Sandstone Senior Citizens Club Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include National Association of Drug Diversion Investigators Inc ($650k), Sdsi Housing Corporation Inc ($650k) and Frank Sarris Public Library Association ($650k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $4.1m against liabilities of $1.5m, net assets of $2.7m.