The New York Public Library Astor Lenox and Tilden Foundations

Analysis

The New York Public Library Astor Lenox and Tilden Foundations is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1934, 92 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The New York Public Library Astor Lenox and Tilden Foundations reported income of $394.3m and spending of $393.5m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $393.4m to $394.3m (+0.2%), an average of +0.1% a year. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The New York Public Library Astor Lenox and Tilden Foundations sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NY. Charities of a similar size with the same main cause include Renaissance Charter School Inc ($389.7m), University of Arizona Global Campus ($399.4m) and Elon University ($389.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $10.0m (2.5% of expenses). Other salaries and wages came to $162.3m. It paid $141k in professional fundraising fees. At year end it held assets of $2.58bn against liabilities of $460.6m, net assets of $2.12bn. It reported 3,763 employees.