Torrey Botanical Society Inc

Analysis

Torrey Botanical Society Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in April 1950, 76 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Torrey Botanical Society Inc reported income of $109k and spending of $183k, spending 168% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $164k to $109k (-33%), an average of -9.6% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 82% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Torrey Botanical Society Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Natural Resource Education Foundation of New Jersey Inc ($109k), Durango Botanic Gardens ($109k) and Kettle Moraine Land Trust ($109k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $32k (17% of expenses). At year end it held assets of $959k against liabilities of $22k, net assets of $937k.