Buttonwood Foundation Inc

Analysis

Buttonwood Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1964, 62 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Buttonwood Foundation Inc reported income of $216k and spending of $459k, spending 213% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $528k to $216k (-59%), an average of -20% a year. The sharpest change came in the year to December 2021, when income rose by 232%. Over the whole period it spent 55% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Buttonwood Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Warrensburg R-Vi School District Foundation Inc ($215k), Reed Construction Foundation ($216k) and Aly Wolff Foundation Inc ($215k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 123% of the total. Other salaries and wages came to $37k. At year end it held assets of $8.7m against liabilities of $14k, net assets of $8.7m. It reported 1 employees.