One East Sixtieth Street Historical Foundation

Analysis

One East Sixtieth Street Historical Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1984, 42 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 December 2023, One East Sixtieth Street Historical Foundation reported income of $783k and spending of $1.9m, spending 247% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $647k to $783k (+21%), an average of +4.9% a year. Over the whole period it spent 133% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, One East Sixtieth Street Historical Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Cranberry Public Library Inc ($783k), Abq Faithworks Collaborative ($783k) and Asbury Foundation ($783k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $9,000 (0.5% of expenses). At year end it held assets of $358k against liabilities of $512k, net assets of -$154k.