Green Belt Conservancy Inc

Analysis

Green Belt Conservancy Inc is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in April 1990, 36 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, Green Belt Conservancy Inc reported income of $174k and spending of $283k, spending 163% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $452k to $174k (-62%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 94% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Green Belt Conservancy Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include Anchor Point Inc ($174k), Friends of Hilltop Arboretum Inc ($174k) and Environmental Conservancy of North Port Inc ($174k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $22k (7.7% of expenses). Other salaries and wages came to $122k. At year end it held assets of $1.4m against liabilities of $43k, net assets of $1.4m. It reported 18 employees.