Association of the Bar of the City of New York Fund Inc

Analysis

Association of the Bar of the City of New York Fund Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1948, 78 years ago. Its declared purposes cover social science, 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 April 2023, Association of the Bar of the City of New York Fund Inc reported income of $10.1m and spending of $10.3m, spending 102% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $9.6m to $10.1m (+5.3%), an average of +1.3% a year. The sharpest change came in the year to April 2021, when income rose by 65%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Association of the Bar of the City of New York Fund Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include The Source for Learning Inc ($10.1m), Stroud Water Research Center Inc ($10.1m) and National Energy Education Development Project Inc ($10.1m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 94% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $397k (3.8% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $17.1m against liabilities of $581k, net assets of $16.5m. It reported 68 employees.