Friends of Rye Nature Center Inc

Analysis

Friends of Rye Nature Center Inc is a registered charity in United States, based in Rye, NY. It received its IRS tax-exemption ruling in April 1965, 61 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, Friends of Rye Nature Center Inc reported income of $2.3m and spending of $2.3m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.3m (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 91% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of Rye Nature Center Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Re Sources ($2.3m), Wolf River Conservancy Inc ($2.3m) and Georgia Conservancy Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $197k (8.7% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.6m against liabilities of $537k, net assets of $2.1m. It reported 67 employees.