Scenic Hudson Inc

Analysis

Scenic Hudson Inc is a registered charity in United States, based in Poughkeepsie, NY. It received its IRS tax-exemption ruling in July 1977, 49 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, Scenic Hudson Inc reported income of $22.8m and spending of $11.7m, leaving 49% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $20.7m to $22.8m (+10%), an average of +2.4% a year. The sharpest change came in the year to June 2023, when income rose by 53%. Over the whole period it spent 70% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Scenic Hudson Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Guided Discoveries Inc ($22.7m), Building Decarbonization Coalition ($23.0m) and Neighborhood Recycling Corporation ($22.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $1.9m (17% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $51.8m against liabilities of $1.5m, net assets of $50.3m. It reported 84 employees.