Adirondack Soaring Association Inc

Analysis

Adirondack Soaring Association Inc is a registered charity in United States, based in Ballston Spa, NY. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Adirondack Soaring Association Inc reported income of $109k and spending of $130k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $152k to $109k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Adirondack Soaring Association Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Steps for Youth ($109k), Tempoart Portland ($109k) and Society of Cincinnati in the State of R I & Providence Plantations ($109k).

At year end it held assets of $324k against liabilities of $0, net assets of $324k.