Adirondack Community College Foundation Inc

Analysis

Adirondack Community College Foundation Inc is a registered charity in United States, based in Queensbury, NY. It received its IRS tax-exemption ruling in June 1984, 42 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 June 2023, Adirondack Community College Foundation Inc reported income of $677k and spending of $1.3m, spending 195% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $723k to $677k (-6.3%), an average of -1.6% a year. Over the whole period it spent 120% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Adirondack Community College Foundation Inc sits at the 71st percentile: it is larger than about 71% 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 Cheyney Foundation ($677k), Plainview Christian Academy ($677k) and Kids Club After School Program ($677k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $7.3m against liabilities of $392k, net assets of $6.9m.