New York Building Foundation Inc

Analysis

New York Building Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1998, 28 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, New York Building Foundation Inc reported income of $329k and spending of $327k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $361k to $329k (-8.8%), an average of -2.3% a year. The sharpest change came in the year to December 2020, when income dropped by 62%. Over the whole period it spent 98% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, New York Building Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Friends of Hawaiis Urban Forest ($329k), Chesapeake Rivers Association Inc ($329k) and Wawasee Property Owners Association Inc ($329k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.3% of the total. At year end it held assets of $396k against liabilities of $0, net assets of $396k.