Queensbury Community Scholarship Association Inc

Analysis

Queensbury Community Scholarship Association Inc is a registered charity in United States, based in Queensbury, NY. It received its IRS tax-exemption ruling in August 2014, 12 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 December 2023, Queensbury Community Scholarship Association Inc reported income of $208k and spending of $107k, leaving 48% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $208k (+114%), an average of +114% a year. The sharpest change came in the year to December 2023, when income rose by 114%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Queensbury Community Scholarship Association Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Hepburn Library of Norfolk ($208k), Harvard Club of Washington DC ($208k) and Clinton High School Band Boosters Inc ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $563k against liabilities of $0, net assets of $563k.