New Yorkers for Parks

Analysis

New Yorkers for Parks is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1964, 62 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 June 2023, New Yorkers for Parks reported income of $769k and spending of $1.2m, spending 160% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.2m to $769k (-37%), an average of -11% a year. The sharpest change came in the year to June 2022, when income rose by 70%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Yorkers for Parks sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Future Farmers of America State ($769k), Hillel the Foundation for Jewish Campus Life ($769k) and Danville Community College Educational Foundation Inc ($769k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $240k (19% of expenses). Other salaries and wages came to $230k. At year end it held assets of $1.1m against liabilities of $47k, net assets of $1.1m. It reported 6 employees.