New York City Outward Bound Center Inc

Analysis

New York City Outward Bound Center Inc is a registered charity in United States, based in Long Is City, NY. It received its IRS tax-exemption ruling in October 1989, 37 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, New York City Outward Bound Center Inc reported income of $6.7m and spending of $7.8m, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.1m to $6.7m (+10%), an average of +2.5% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 106% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, New York City Outward Bound Center Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Institute for Applied Ecology ($6.7m), Lake George Land Conservancy Inc ($6.7m) and High Atlas Foundation ($6.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $505k (6.5% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $10.9m against liabilities of $633k, net assets of $10.3m. It reported 78 employees.