Parks & Trails New York Inc

Analysis

Parks & Trails New York Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Parks & Trails New York Inc reported income of $2.2m and spending of $2.2m, spending 99% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $2.1m to $2.2m (+4.9%), an average of +1.0% a year. The sharpest change came in the year to June 2023, when income rose by 72%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Parks & Trails New York Inc sits at the 96th percentile: it is larger than about 96% 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 Indian Trails Camp Inc ($2.2m), Berrien Co Youth Fair Assn ($2.2m) and Volunteers for Outdoor Colorado Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $86k (4.0% of expenses). Other salaries and wages came to $374k. At year end it held assets of $2.8m against liabilities of $1.5m, net assets of $1.3m. It reported 15 employees.