Battery Conservancy Inc

Analysis

Battery Conservancy Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1994, 32 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, Battery Conservancy Inc reported income of $2.7m and spending of $3.9m, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $2.7m (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2020, when income rose by 25%. Over the whole period it spent 124% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Battery Conservancy Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Theiss Research ($2.7m), Pacific Chorale ($2.7m) and Amp Concerts ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $321k (8.1% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $15.7m against liabilities of $400k, net assets of $15.3m. It reported 40 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.