Adirondack Public Observatory Inc

Analysis

Adirondack Public Observatory Inc is a registered charity in United States, based in Tupper Lake, NY. It received its IRS tax-exemption ruling in April 2004, 22 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 (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 Public Observatory Inc reported income of $223k and spending of $110k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $250k to $223k (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 72% 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 Public Observatory Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Italian-American Civic League ($223k), James Toland Vocal Arts Inc ($223k) and Artists for Africa ($223k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $50k. At year end it held assets of $690k against liabilities of $1,494, net assets of $689k. It reported 2 employees.