Riverside Park Conservancy Inc

Analysis

Riverside Park Conservancy Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1988, 38 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 December 2023, Riverside Park Conservancy Inc reported income of $9.9m and spending of $11.6m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.1m to $9.9m (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2020, when income rose by 16%. Over the whole period it spent 96% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Riverside Park Conservancy Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Solidaridad North America ($9.7m), The Natomas Basin Conservancy a Ca Non-Profit Public Benefit Corp ($9.9m) and Eco-Cycle Inc ($9.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $441k (3.8% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $8.4m against liabilities of $1.4m, net assets of $7.0m. It reported 110 employees.