Greater Glens Falls Amateur Athletic Championships Association

Analysis

Greater Glens Falls Amateur Athletic Championships Association is a registered charity in United States, based in Queensbury, NY. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2024, Greater Glens Falls Amateur Athletic Championships Association reported income of $64k and spending of $53k, spending 83% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $42k to $64k (+52%), an average of +52% a year. The sharpest change came in the year to June 2024, when income rose by 52%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Greater Glens Falls Amateur Athletic Championships Association sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Pine Lake Sailing School Inc ($64k), For the Love of the Lake Foundation ($64k) and Burns Park Athletic Association Inc ($64k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.