Black Rock Forest Consortium Inc

Analysis

Black Rock Forest Consortium Inc is a registered charity in United States, based in Cornwall, NY. It received its IRS tax-exemption ruling in May 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 September 2023, Black Rock Forest Consortium Inc reported income of $5.8m and spending of $2.2m, leaving 63% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.3m to $5.8m (+330%), an average of +44% a year. The sharpest change came in the year to September 2020, when income rose by 345%. Over the whole period it spent 56% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Black Rock Forest Consortium Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Coral Restoration Foundation Inc ($5.8m), World Green Building Council Inc ($5.8m) and Tyger River Foundation ($5.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 92% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $207k (9.6% of expenses). Other salaries and wages came to $911k. At year end it held assets of $19.2m against liabilities of $268k, net assets of $19.0m. It reported 25 employees.