New York Public Interest Research Group Fund Inc

Analysis

New York Public Interest Research Group Fund Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1977, 49 years ago. 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 August 2023, New York Public Interest Research Group Fund Inc reported income of $5.3m and spending of $5.2m, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $4.7m to $5.3m (+11%), an average of +2.7% a year. The sharpest change came in the year to August 2021, when income rose by 65%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New York Public Interest Research Group Fund Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Community at Holy Family Manor Inc ($5.3m), The Community Young Mens Christian Association of Greenfield Mass ($5.3m) and Institute for Defense and Business ($5.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 95% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $191k (3.7% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $2.6m against liabilities of $258k, net assets of $2.3m. It reported 269 employees.