Friends of the Old Croton Aqueduct Inc

Analysis

Friends of the Old Croton Aqueduct Inc is a registered charity in United States, based in Dobbs Ferry, NY. It received its IRS tax-exemption ruling in December 1990, 36 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Friends of the Old Croton Aqueduct Inc reported income of $68k and spending of $91k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $72k to $68k (-5.3%), an average of -1.4% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the Old Croton Aqueduct Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Broken Leg Productions Inc ($68k), Bengali Association of Greater Nashville ($68k) and Calistoga Theater Company ($68k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 24% of the total. At year end it held assets of $318k against liabilities of $10k, net assets of $308k.