Bryant Park Corporation

Analysis

Bryant Park Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1989, 37 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bryant Park Corporation reported income of $25.6m and spending of $25.5m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $22.2m to $25.6m (+15%), an average of +3.6% a year. The sharpest change came in the year to June 2022, when income rose by 61%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bryant Park Corporation 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 98th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Ohio High School Athletic Association ($25.2m), Toastmasters International ($26.2m) and Grace Adventures Ministries ($25.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $998k (3.9% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $16.0m against liabilities of $10.0m, net assets of $6.0m. It reported 217 employees.