Peconic Baykeeper Inc

Analysis

Peconic Baykeeper Inc is a registered charity in United States, based in Hampton Bays, NY. It received its IRS tax-exemption ruling in August 2001, 25 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 June 2023, Peconic Baykeeper Inc reported income of $191k and spending of $267k, spending 140% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $349k to $191k (-45%), an average of -14% a year. The sharpest change came in the year to June 2023, when income dropped by 66%. Over the whole period it spent 82% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Peconic Baykeeper Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include The Snake River Alliance Education Fund Inc ($191k), The Parks Foundation of Hendricks County Inc ($191k) and Izaak Walton League of America Inc ($191k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% of the total. Compensation of current officers, directors and key employees was $117k (44% of expenses). Other salaries and wages came to $54k. At year end it held assets of $615k against liabilities of $8,639, net assets of $607k. It reported 2 employees.