Horticultural Society of New York Inc

Analysis

Horticultural Society of New York Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1944, 82 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, Horticultural Society of New York Inc reported income of $10.6m and spending of $10.6m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.0m to $10.6m (+113%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 120%. Over the whole period it spent 87% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Horticultural Society of New York Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Leelanau Conservancy ($10.6m), Yew Dell Inc ($10.6m) and Transition Habitat Conservancy ($10.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $317k (3.0% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $11.3m against liabilities of $2.1m, net assets of $9.1m. It reported 198 employees.