Brooklyn Botanic Garden Corporation
Analysis
Brooklyn Botanic Garden Corporation is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in May 1977, 49 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Brooklyn Botanic Garden Corporation reported income of $30.5m and spending of $27.8m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $23.7m to $30.5m (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 94% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Brooklyn Botanic Garden Corporation sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Council on the Environment Inc ($30.3m), The Living Desert ($30.6m) and Blue Investments for Nature Inc ($30.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $688k (2.5% of expenses). Other salaries and wages came to $12.2m. It paid $107k in professional fundraising fees. At year end it held assets of $137.1m against liabilities of $14.5m, net assets of $122.6m. It reported 344 employees.
Income and spending
Where the income comes from
- Contributions & grants 70%
- Program services 17%
- Other 12%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Council on the Environment Inc | New York | $30.3m |
| The Living Desert | Palm Desert | $30.6m |
| Blue Investments for Nature Inc | Arlington | $30.3m |
| Rare Inc | Arlington | $30.9m |