Foundation for Long Island State Parks Inc

Analysis

Foundation for Long Island State Parks Inc is a registered charity in United States, based in Babylon, NY. It received its IRS tax-exemption ruling in May 1994, 32 years ago. 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 April 2023, Foundation for Long Island State Parks Inc reported income of $195k and spending of $118k, leaving 39% of income unspent that year. Across the 5 years on record, from April 2019 to April 2023, income grew from $171k to $195k (+14%), an average of +3.3% a year. The sharpest change came in the year to April 2023, when income rose by 677%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation for Long Island State Parks Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Workshop Players Inc ($195k), Morro Bay Art Association ($195k) and League of Women Voters of Orange County Inc ($195k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 42% and program service revenue 57% of the total. At year end it held assets of $329k against liabilities of $282, net assets of $329k.