Washington Park Conservancy

Analysis

Washington Park Conservancy is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in December 1987, 39 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, Washington Park Conservancy reported income of $81k and spending of $77k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $150k to $81k (-46%), an average of -46% a year. The sharpest change came in the year to December 2023, when income dropped by 46%. Over the whole period it spent 57% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Washington Park Conservancy sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Pennsylvania Bar Trust Fund ($81k), Our Saviors Lutheran Church Foundation ($81k) and Caritas Incorporated ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. At year end it held assets of $392k against liabilities of $0, net assets of $392k.