Garrisons Landing Association Inc

Analysis

Garrisons Landing Association Inc is a registered charity in United States, based in Garrison, NY. It received its IRS tax-exemption ruling in April 1965, 61 years ago. 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, Garrisons Landing Association Inc reported income of $64k and spending of $60k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $89k to $64k (-28%), an average of -8.0% a year. The sharpest change came in the year to December 2022, when income dropped by 27%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Garrisons Landing Association Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Fund for a Better Waterfront Inc ($64k), United States Coast Guard Academy Parents Association ($64k) and Santa Claus Girls ($64k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 34% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.