Adirondack TR Company Community Fund

Analysis

Adirondack TR Company Community Fund is a registered charity in United States, based in Saratoga SPGS, NY. It received its IRS tax-exemption ruling in November 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Adirondack TR Company Community Fund reported income of $600k and spending of $424k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $600k (-68%), an average of -25% a year. The sharpest change came in the year to December 2021, when income dropped by 53%. Over the whole period it spent 58% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Adirondack TR Company Community Fund sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include KLRN Endowment Fund Inc ($600k), World AIDS Museum Incorporated ($600k) and Chance Letikva Inc ($599k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $6.7m against liabilities of $1,385, net assets of $6.7m.