Potsdam College Foundation Inc

Analysis

Potsdam College Foundation Inc is a registered charity in United States, based in Potsdam, NY. It received its IRS tax-exemption ruling in December 1970, 56 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Potsdam College Foundation Inc reported income of $4.3m and spending of $3.6m, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $5.2m to $4.3m (-17%), an average of -6.1% a year. The sharpest change came in the year to June 2022, when income dropped by 17%. Over the whole period it spent 61% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Potsdam College Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Rockford Charter School Organization ($4.3m), Cooperative for Education ($4.3m) and Arapahoe County Early Childhood Council ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 9.4% of the total. It paid $37k in professional fundraising fees. At year end it held assets of $55.9m against liabilities of $38k, net assets of $55.9m.