Fund for Park Avenue New York Inc

Analysis

Fund for Park Avenue New York Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1999, 27 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, Fund for Park Avenue New York Inc reported income of $1.4m and spending of $1.1m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.4m (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 86% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Fund for Park Avenue New York Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Soil and Water Conservation Society ($1.4m), Belwin Supporting Fund ($1.4m) and Franklin Land Trust Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $85k (7.5% of expenses). Other salaries and wages came to $123k. At year end it held assets of $4.1m against liabilities of $158k, net assets of $4.0m. It reported 4 employees.